TMRS Hires Senior Private Market Leaders
TMRS Chief Investment Officer Yup Kim announced today that Philip Hunter O’Brien, Amol Deshpande and Isidora Stankovic will join TMRS.
In announcing the news, Kim said, “I am incredibly excited to partner with Philip, Amol and Isidora to strengthen our global partner relationships, amplify our direct investment capabilities and take the private markets program to new heights on behalf of TMRS’ many members, retirees, and beneficiaries.”
Philip Hunter O’Brien will join as Managing Director, Head of Private Equity, and serve as a member of the staff investment committee. Previously, he led technology and consumer direct private equity investments for Caisse de dépôt et placement du Québec. Prior to CDPQ, he led the North American direct Private Equity investment practice for the Abu Dhabi Investment Council. Before ADIC, O’Brien was an investor at LLCP and The Carlyle Group’s U.S. Buyout Fund, after beginning his career as an investment banker at Deutsche Bank. O’Brien earned an MBA from Columbia Business School and graduated magna cum laude from Princeton University. He is an Associate Member of the Economic Club of New York and a Chartered Financial Analyst.
Amol Deshpande will join as Managing Director, Head of Direct Investments, and serve as a member of the staff investment committee. Prior to joining TMRS, he served as a Managing Director and management committee member of Redesign Health, where he made investments with a mission to accelerate healthcare innovation. He previously held roles at Soros Fund Management, Luminus Management and JLL Partners, where he invested in private and public businesses across multiple sectors, including healthcare, industrials and technology. Deshpande began his career advising leading technology companies on M&A and capital markets activities at Morgan Stanley in Menlo Park, CA, and received his B.A. with concentrations in applied mathematics, economics and finance from Northwestern University.
Isidora Stankovic will join as Director of Private Equity. Prior to joining TMRS, she was on the Private Equity team in London at Searchlight Capital Partners, a transatlantic private equity firm with $15 billion in assets under management, where she was responsible for the evaluation, due diligence, execution and monitoring of investments. Before joining Searchlight, Stankovic held positions on the Private Equity team at BC Partners in London and in the Financial Services and Natural Resources Groups of Goldman Sachs’ investment banking division in London and Houston. Stankovic earned a B.A. in Economics and History from Yale University, graduating magna cum laude and Phi Beta Kappa. She is fluent in three languages.
“I am thrilled to welcome these three accomplished investment professionals to TMRS’ team of award-winning portfolio managers," said TMRS Executive Director David Wescoe. "TMRS and its Members will be well served by their efforts.”