Daily Feed
The retirement plan interviewed the firm in closed session at today’s board meeting.
The university has built a substantial allocation to cash in recent years as it looks to potentially solve a liquidity issue for another institutional investor’s portfolio.
Luke McCarthy has joined the credit team at Homestead Capital as a director.
The firm has hired a head of exchange traded funds to oversee its ETF strategy and business execution as well as exchange-traded fund capital markets across asset classes.
The retirement system approved infrastructure and private credit commitments at a meeting today.
The firm has promoted a staff member to head of U.S. consultant relations to strengthen its partnerships with new and existing institutional investors, deepen consultant relationships and expand its institutional business in the U.S.
The chief investment strategists work with the firm’s investment team in equities, fixed-income, multi-asset and alternatives to build its economic and markets views.
The deferred compensation plan replaced its emerging markets large-cap core equity manager, which had been on watch since January 2022.
The firm, which serves family offices, has hired a former director of investments at a Midwestern university to source and provide due diligence on prospective investment managers.
The new head of real estate has been with the fund for three years.