Donald Holcher, managing director for private markets at the $13.1 billion San Francisco City & County Employees’ Retirement System, will retire effective Dec. 11, said David E. Kushner, deputy director for investments.
In a telephone interview, Mr. Kushner said he expected a search to replace Mr. Holcher to begin “in the very near future.”
He called Mr. Holcher one of the most talented buyside experts in that market segment, which includes real estate and alternatives, adding he will be “greatly missed.”