Michael Gordon will step down from his role as ceo and co-cio in January.
A Midwestern state pension plan disclosed a hire in a cash overlay search launched in December.
Move to a single passive equity manager would save more than $13,000 a year in fees.
A Midwest pension plan is considering moving its two active domestic large-cap core equity mandates to passive investing.
A Midwestern sewer district expects to recommend the hire of a new asset manager for its pool of bond proceeds.
A Northwestern education board is seeking retirement plan consulting services for its three plans.
The plan opted to hire one core manager to handle a $240 million portfolio, replacing its two existing incumbents, at a board meeting yesterday.
The pension fund committed up to $15 million total to two funds and also discussed a work plan for its traditional assets, opportunistic debt, real estate and hedge fund allocations at a meeting today.
A New England pension plan hired two firms to replace an international value equity mandate with LSV Asset Management.
A Northeast pension system has initiated a search for managers-of-managers to handle long-only domestic fixed-income portfolios.