Los Angeles-based investment manager Manhattan West tapped pension fund manager Reggie Tucker as a managing director for its venture capital portfolio.
Tucker will lead the firm’s new venture opportunities, including investment into funds, co-investments and even direct investments in early- to growth-stage companies.
Prior to joining Manhattan West, Tucker was the managing director at the Orange County Employees Retirement System and had direct oversight over its more than $500 million in capital commitments. He has also worked at the New York State Common Retirement Fund and the State of Connecticut Retirement Plans and Trust Funds.
Lorenzo Esparza, chief executive officer of Manhattan West, said Tucker’s hiring signifies a turning point for the firm.
“Not only is Reggie uniquely skilled at sourcing opportunities across both hard to access funds as well as new and emerging firms and co-investments, but he’s truly a leader in his field,” Esparza said. “Above all that, he will elevate our culture and is the perfect fit for the next-generation investment platform that we are building at Manhattan West.”
The firm said Tucker brings with him a deep network of LPs and GPs that could grow its venture capital program more.
Manhattan West runs an integrated platform of services for clients to get access to private equity, venture firms and private debt, and provide business and tax management offerings. Its portfolio includes SpaceX, homebuying platform Better.com and copper mining firm Jetti Resources.
It has also invested in venture funds such as Eniac Ventures, Soma Capital and Group 11.