A Mid-Atlantic city and its school board hired a new deferred compensation retirement plan provider last month.
The hire will replace a portfolio manager, who is leaving the plan next month.
The hire has joined the firm’s New York City office.
The deputy executive director has resigned after 11 years with the plan and appears to be taking the top job at a Midwest pension plan.
MiddleGround Capital closes on $736 million for its current fund offerings, buoyed by strong demand from existing LPs.
The plan approved private equity and private credit commitments at its investment committee/board meeting today.
A deferred compensation plan in the Rocky Mountain region terminated its sustainable equity manager, which had been on watch due to underperformance.
A California plan agreed to initiate a real estate search following approval of a new asset allocation policy yesterday.
A Midwestern pension plan added a new infrastructure target as part of a new real assets structure recommended by its investment committee.
A Southeastern city deferred compensation plan retained its stable value manager at a city council meeting this week.