The North Carolina House passed a bill on Wednesday that will see the creation of a pension board to oversee investment of the $126.5 billion North Carolina Retirement Systems.
D. E. Shaw Investment Management raised $1.3 billion in commitments for its second capital optimization fund.
The city is seeking a firm to provide discretionary services for its cash and core investment portfolios.
Wilshire has appointed Jason Schwarz as ceo, succeeding Andy Stewart.
The retirement system is seeking a replacement for its recently terminated international small-cap core equity manager.
The board is seeking plan administration and investment management services for its two retirement plans.
The $604 million investment portfolio is currently managed internally by the city.
The city is seeking the services for its investment portfolios of $2.5 million and $1.9 million.
The program currently has four providers for the services.