Windy City Pension Posts Core Bond Search

The retirement fund is seeking managers to handle between $150 million and $350 million.

Industry News
Hellman & Friedman Closes 11th Private Equity Flagship Fund

The firm also raised $2.1 billion in a general partner-facilitated secondary fund that provided liquidity optionality for certain limited partners.

Florida Pension Hires New Consultant

The pension plan and trust selected a new consultant in the third quarter following finalist interviews held at a special board meeting.

International / Global / Emerging Markets
New England Plans Seeking Emerging Market Debt Managers

The searches are required to comply with state procurement requirements.

People Moves
New Century Advisors Adds Chief Economist

The creator of the “Sahm Rule” has joined the firm as chief economist.

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Real Assets
Calif. Pension Plan Makes Real Assets, PE Commitments

The pension plan’s cio recently approved three commitments totaling $350 million.

Southern 457 Plan Issues Investment Consultant RFP

The plan’s existing general investment consultant will see its contract expire this month.

In The News
Why Culture Is Key for Small Christian University’s Endowment

Active management is key to Baylor’s endowment, which has become a top performer among universities. But investment chief David Morehead and managing director Renee Hanna, who run the endowment’s public and private investments, respectively, say cultural factors can’t be overlooked.

Wall Street Journal
The Small University Endowment That Is Beating the Ivy League

Baylor University has traded its way to the top of the university endowment performance rankings. Many universities allocate their money among different assets and adjust periodically. Baylor, led by a former trader, seizes on market moves frequently to boost or cut exposure to its managers.

Wall Street Journal
AIMCO Opens New York Office

The Alberta Investment Management Corporation (AIMCo) today announced that it has further expanded its global footprint by opening an office in New York.

Harvard Slashes Healthcare Investments, Tech Rises to 98% of Portfolio

The Harvard Management Company increased its direct holdings of Alphabet and Meta and continued its major sell off of biopharma holdings — which now make up less than 1 percent of the portfolio — during the last three months of 2023.

The Harvard Crimson

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