Investment manager Nuveen announced today the appointment of Ted Maa as Managing Director, Private Equity Impact Investing.

Based in New York, Maa will have responsibility for identifying, executing and managing direct private equity investments in key thematic impact sectors. He will report to Rekha Unnithan, Head of Private Impact Investing.

The new hire follows the launch last year by Nuveen of its first private equity impact fund, Nuveen Global Impact Fund, LP, focused on investments aimed at addressing critical sustainable development challenges, including climate change and income inequality.

Maa joins Nuveen from private equity investment firm Pine Brook, where he served as a Partner on the Energy Team, leading investments in conventional energy companies as well as the firm’s entry into the energy transition and climate sectors, in addition to playing a key role in the implementation of ESG and decarbonization programs in the firm’s conventional energy portfolio. Before joining Pine Brook, Maa served on Denham Capital’s private equity team, focused on sectors including biofuels and waste-to-value, as well as conventional energy infrastructure and services.