The new hire is being integrated into the firm’s collateralized loan obligation platform alongside Managing Director and Portfolio Manager William Lemberg, who will be retiring in the spring of 2025.
The deferred compensation plan’s active global large-cap growth equity manager had been on watch since the third quarter due to underperformance.
The city has issued an RFP seeking record keeping, administrative and compliance services for its plans.
The pension plan hired two infrastructure managers in an effort to build out its natural resources/infrastructure allocation in April.
The new hire joins the firm from BlackRock, where he was head of the Americas fundamental fixed-income product strategy.
The plan will conduct a private debt search focusing on European special situations strategies and made two commitments totaling $50 million this week.
The plan recently considered replacing its domestic core-plus fixed-income manager due to underperforma
The pension plan updated its asset allocation policy for fiscal year 2025 and beyond after receiving an asset allocation review this week.
The incumbent international large-cap value equity manager had been on watch due to underperformance, asset outflows and organizational changes.
The investment analyst joined the plan from the State of Wisconsin Investment Board.