Landmark chairman and managing partner Francisco Borges confirmed to PEI that Miller would start at the firm early next month.
NYCERS’ top private equity role had been vacant for six years before Miller took the job in 2011, with deputy comptroller and CIO Lawrence Schloss previously overseeing activity in the asset class.
Miller previously co-founded secondaries investment firm Nottingham Capital Management and earlier worked as a partner at Pomona Capital. He was also formerly a senior investment manager at AXA Private Equity.
Landmark Partners has one of the longest track records in the secondaries industry, having been founded in 1989.
About 95 per cent of its committed capital is targeted at secondary products, with the rest earmarked for co-investments, fund of funds and growth capital programmes.
Miller was in the process of cutting NYCERS relationships with a number of GPs to help focus the portfolio, and sanctioned the sale of $1bn of its holdings through the secondary market.
The LP is the largest municipal employee retirement system in the US, and currently has about $16bn committed to private equity.
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