Alex Doñé, Former NYCRS CIO, Joins Platinum Equity as Managing Director

Alex Doñé is joining Platinum Equity, a private equity firm headquartered in Beverly Hills, California, to serve as a managing director. He will be responsible for strategic planning, investor capital development, and firm leadership initiatives, according to the firm’s announcement.

Doñé previously served as chief investment officer of New York City Retirement Systems, from December 2018 to December 2021, but chose to leave to pursue other opportunities. Doñé also served in other roles at New York City Retirement Systems, including as head of private equity, head of private markets, and executive director of private equity.

Prior to his time at NYCRS, Doñé served during the Obama Administration as a presidential appointee for the Minority Business Agency at the U.S. Department of Commerce. Mark Barnhill, a partner at Platinum Equity, says that Doñé’s background makes him a great fit for the role.

“Alex has a uniquely broad and well-informed view of the global investment landscape thanks to a career spanning nearly three decades in both the public and private sectors,” said Mr. Barnhill in the release. “He will bring valuable perspective as our fund platforms expand, our reach extends, and our ESG and responsible investing programs continue to evolve.”

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Doñé says that he is looking forward to joining Platinum and sees opportunities for the company to continue growing.

“Tom and the team at Platinum have established a global brand with a highly differentiated investment strategy and a long track record of consistently delivering to investors strong returns across market cycles,” he said. “They have built a scalable platform with meaningful opportunity to grow over the next decade and beyond, and I’m looking forward to being part of the team and contributing to that growth.”