5 Questions
5 Questions With Mendocino County Employees Retirement Association Financial Investment Officer Robert Reveles

Robert Reveles serves as financial investment officer of the $832.6 million Mendocino County (Calif.) Employees Retirement Association after originally joining the plan in 2019.

01.29.26
People Moves
Texas Pension Taps Investment Analyst

The pension fund’s newest investment analyst joins in anticipation of another analyst’s impending departure.

01.30.26
Credit/Private Debt
Virginia Pension Makes Credit Commitment

The retirement system committed to an existing private debt manager relationship in the third quarter.

01.30.26
Small-Cap
Colo. County 457 Swaps Small-Cap Value Mgrs.

The deferred compensation plan recently replaced a domestic small-cap value equity manager that had been on watch since 2024.

01.30.26
Asset Study/Review
Southern Pension Adds Dedicated Int’l Small-Cap Equity Target

The retirement fund will interview two firms to handle the new allocation.

01.30.26
FIN Searches combines our in-depth coverage with a directory component.
FINsearches is the most powerful and complete sales and marketing tool available for the institutional asset management industry for defined benefit plans, nonprofits and consultants.
People Moves
Midwest State Plan Hires Deputy CFOO

The hire concludes a search launched last year following two staff departures.

01.30.26
Fixed-Income
Northeast Treasury Nearing Investment Mgr. RFP Issuance

The treasury first discussed the search last year for its $1.7 billion liquidity and $4.2 billion reserve accounts.

01.30.26
In The News
Utah endowment’s OCIO contract raises conflict of interest concerns

Cynosure Capital Management, its new outsourced chief investment officer, is founded by members of one of the state’s richest families.

Pitchbook
Commonfund Releases 2025 HEPI Report

Data from the annual Higher Education Price Index® (HEPI) show that inflation for U.S. colleges and universities rose 3.6 percent in fiscal year 2025, surpassing the 3.4 percent inflation reported in fiscal year 2024.

Commonfund
Yale expects layoffs as leaders brace for $300M in endowment taxes

The Ivy League institution’s tax bill starting next year will be higher than what it spends on student aid, university officials said.

Higher Ed Dive
The Long Game: Stanford Endowment CEO Robert Wallace on Discipline, Diversification, and Daring Greatly

Wallace reflects on the lessons of rebalancing the portfolio amidst collapsing markets during March 2020, the challenge of scaling alternative strategies at $50 billion, and why the rise of passive investing may paradoxically create opportunities for fundamental investors. He draws on wisdom from his mentor David Swensen’s emphasis on first-principles thinking, the importance of relationships as well as rigorous quantitative work, and the courage required to stand alone when your analysis demands it.

The Stanford Review
RFP: Emerging Manager Equity Products, State Universities Retirement System of Illinois
The State Universities Retirement System of Illinois (SURS) is requesting proposals from qualified
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