A West Coast pension plan approved issuing a global extended credit RFP to potentially replace another manager today.
The plan eliminated its risk parity allocation and boosted its multi-sector bond portfolio to allow for both traditional and opportunistic investments.
A New England pension plan approved a private equity and private credit commitment at a board meeting today.
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.