Firm’s next ceo has been serving as executive v.p. and head of international businesses and global investment management.
Thomas J. Gahan was named president and ceo while James W. Hirschmann III was tapped as chair.
The new senior managing director will oversee the continued growth and integration of Pretium’s operating companies.
Active large-cap value and Wilshire 5000 index mandates were shifted into a Russell 1000 Index fund earlier this quarter.
The retirement systems will look to hire a core bond replacement next quarter after terminating Western Asset Management last month.
The firm appointed two members of its team to new positions.
The sanitary district is seeking retirement plan advisory services on behalf of a 457 plan.
The plan reduced its international small-cap equity portfolio to two managers from three at last week’s board meeting.
The acquisition will see roughly $2.3 billion in assets move to C.S. McKee.
The firm’s new wealth division cio will join in February from BlackRock.