Harvard Management Company, the investment management arm of Harvard University, has appointed Richard Hall as its new managing director of private equity.

Harvard Management Company (HMC), an investment management subsidiary of Harvard University, has appointed Richard Hall as its new managing director of private equity, effective April 2014.

Hall joins HMC from the Teacher Retirement System of Texas, where he spent six years as head of private equity.

HMC President and CEO Jane Mendillo said: “Private equity has been and continues to be an important driver of returns in our portfolio. As the private equity landscape evolves and becomes ever more global,…