The surging second quarter markets have left institutional investors breathing a sigh of relief as year-to-date and fiscal year numbers—while still not ideal—become more digestible after a gut-punch first quarter.

Firm has added two team members to its institutional team within the past six months.

The hire concludes a search launched in August as part of a management succession plan.

A Midwestern plan approved a new asset allocation policy at its investment committee/board meeting today that will help maintain its long-term expected returns.

A Northeastern township has issued investment consultant RFPs for its pension and OPEB plans.

A New England pension plan added several private markets commitments at its board meeting today.