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The secondaries firm expects to wrap up fundraising by the end of the year for its latest real estate secondaries vehicle, according to Connecticut's pension plan.
ATRS backed Landmark because it 'quietly goes about its business with skill', according to the pension's executive director.
Andreas Baumann will take global responsibility for both units amid a wider reshuffle in top management.
The real estate fund of funds manager had explored an asset sale on the secondaries market last year.
Pricing has reached 'unusually high levels', according to the investment firm's chairman.
At least four dedicated vehicles are targeting a combined $5.5bn for deals in the asset class, according to PERE data.
The manager of the US's biggest university endowment has returned to market with a diversified portfolio of stakes, Secondaries Investor has learned.
Emily-Jane Finigan will leave the private equity and real estate secondaries specialist at the end of April, Secondaries Investor has learned.
The fund aims to return a 1.6x-1.8x net multiple and a net IRR between 15% and 20%.
Investors in private real estate vehicles are engaging in secondaries as a way to managing their engagement with the asset class, delegates at the annual MIPIM conference were told.