Barry Miller was named head of private equity for the New York City comptroller’s office, supervising the $12 billion commitment to private equity by the city’s five public pension plans.
The position had been vacant since 2005, confirmed Michael Loughran, a spokesman for Comptroller John C. Liu. Mr. Liu is investment adviser, custodian and trustee for the five city pension funds with a combined $115 billion in assets.
Lawrence Schloss, deputy comptroller for pensions and the pension system’s chief investment officer, had been in charge of private equity activity since he joined the comptroller’s office in January 2010, Mr. Loughran wrote in an e-mail. Elizabeth Caldas, director of private markets, had overseen the private equity investments prior to Mr. Schloss’ arrival, Mr. Loughran wrote. Ms. Caldas now reports to Mr. Miller.
Mr. Miller was co-founder and managing partner of Nottingham Capital Management, a private equity firm, from September 2009 through December 2010, Mr. Loughran wrote. Nottingham has disbanded, Mr. Loughran wrote.