An investment management company in the South promoted a director to cio in the fourth quarter as its ceo and cio left to join a private equity firm.
The firm’s president will be promoted to ceo following his departure.
The plan will look to identify potential diversification opportunities outside core real estate to increase its expected return.
Plan hired a new emerging market debt manager to handle a $10 million allocation today.
The plan is conducting the search as it nears the end of a five-year contract term with its incumbent.
Plan will seek one core firm and one core-plus bond manager to split a proposed long-term target of 24% to the overall asset class.
Board is searching for a firm to provide investments, education and administrative services for its retirement savings programs.
Plan is searching for a senior investment operations analyst to fill an existing vacancy.
He is responsible for evaluating new transactions, due diligence, underwriting and working with portfolio companies.
The fund’s investment strategy focuses on providing structured loans and private equity solutions.