The hire is part of the asset management business’ separation from the international wealth management division.

They will assume their new responsibilities at the end of May.

Fund II received significant backing from new investors globally, including pension funds, insurers, family offices, and high net worth individuals, as well as from existing Accelmed limited partners.

NEPC, one of the investment industry’s largest consultants, has placed Pimco on its watch list after employees’ repeated discrimination allegations.

Gov. Tom Wolf was among those calling for greater scrutiny of the state’s largest pension fund.

A bill backed by the Municipal Employees’ Annuity and Benefit Fund underscores the fiscal strains created by Chicago’s pension underfunding.