Former CalPERS Private Equity Head Broadens Next Generation of Team Leadership
MENLO PARK, Calif.–(BUSINESS WIRE)–Jasper Ridge Partners, a firm providing customized investment solutions for families, foundations and global institutions, announced today that Greg Ruiz will join the firm as a Partner in its private equity practice. Together with Rick Hayes, Jenny Chen and Jamie Scarbrough, he will help lead the team’s deep bench of investment talent and contribute to the ongoing expansion of its co-investment and direct private equity capabilities.
“Greg is a talented senior investment professional who is well-recognized in the industry for his contributions to the private equity asset class, and we are delighted to welcome him to the ranks of our next generation of leadership,” said Cori Duncan, CEO and Managing Partner. “As a firm, we continue to enhance our investment capabilities in an effort to optimize our clients’ portfolios. Greg brings to Jasper Ridge distinguished leadership experience, deep sector expertise and a fluent command of the broader investment landscape that will complement our robust internal team with the goal of delivering results for our clients.”
Ruiz comes to Jasper Ridge Partners from the California Public Employees’ Retirement System (CalPERS), the nation’s largest pension fund, where he led the Private Equity program focused on private equity investments across a broad range of strategies and geographies. As the leading decision-maker for the largest US-based LP investor, he grew capital committed by the PE program by almost 300% during his tenure. He joined CalPERS from Altamont Capital Partners, where he was a Principal leading direct private equity investments, and previously worked at FFL Partners after beginning his career at Goldman Sachs. Ruiz holds an AB from Princeton University and an MBA from Stanford University’s Graduate School of Business.
“I’m very excited to be joining a firm with an extensive private equity practice, that also values the importance of a customized approach to address specific client needs,” said Ruiz. “Jasper Ridge Partners is highly differentiated in its ability and commitment to provide tailored, discretionary investment solutions to its clients, and I’m grateful and eager for the opportunity to contribute to its mission and growth.”
“Private equity continues to be a compelling asset class for investors, and we have a very large portfolio and opportunity set that continues to evolve and present intriguing new investment opportunities,” said Rick Hayes, co-leader of the firm’s private equity practice. “I look forward to the contributions Greg will make to our practice and working together to chart and execute on the next chapter of growth for our firm.”
On behalf of the firm’s global clients, the 20-person private equity and venture capital team at Jasper Ridge Partners deploys over $2.5 billion per year in new investments across primary funds, co-investments, direct investments, and secondary opportunities.
Greg will be based in the firm’s Roseville/Sacramento, CA office.
ABOUT JASPER RIDGE
Jasper Ridge Partners provides discretionary investment management services and customized solutions to prominent families, foundations and global institutions. The firm manages approximately $33 billion in assets, with expertise across all major asset classes, including public equity, fixed income, hedge funds, private equity, venture capital, real estate and natural resources. The 100+ cross-asset class team includes 34 investment professionals with extensive expertise in portfolio construction, risk management, manager selection and capital markets, a majority of whom have principal investing experience.
JRP has offices in California, Virginia and Texas. For more information, please visit www.jasperridge.com.
Contacts
Media:
Jack Kay
Edelman Smithfield
Tel: (617) 680-6992
Jack.kay@edelmansmithfield.com
