Private capital veteran Karl Beinkampen has been named chief investment officer of Wilshire Private Markets.
Beinkampen joins Wilshire Associates from Morgan Stanley, where he was a managing director of the firm’s Alternative Investment Partners team.
In his new role, Beinkampen will guide the investment efforts of Wilshire Private Markets in order to best serve the portfolio needs of institutional investors. The group currently has five offices in the US, Europe, Asia and Australia, and manages nearly USD6bn of client assets, investing and serving clients within each of those regions.
“Karl’s 18 years of experience working with private equity sponsors makes him an outstanding addition to our global team,” says Kevin Nee, president of Wilshire Private Markets. “His background includes investing in underlying partnerships and portfolio companies, managing portfolios and investment professionals, and helping to build a highly regarded business at Morgan Stanley.”
Immediately prior to joining Wilshire Private Markets, Beinkampen spent 15 years with Morgan Stanley. He began working with LBO sponsors in 1995, leading equity, fixed income and acquisition finance transactions. He was recruited from within the firm to build Morgan Stanley’s private equity fund of funds business shortly after its inception in 2000. While a member of Alternative Investment Partners, he led private equity partnership and co-investment programs, as he also executed his portfolio management responsibilities. He was a member of that division’s business and investment committees.
Earlier in his career, he worked with Scully Brothers & Foss, as well as Kidder Peabody.
Wilshire Associates, an investment consulting and services firm, provides consulting services, analytics solutions and customised investment products to plan sponsors, investment managers and financial intermediaries.