Daily Feed
Firm has taken a minority stake in the defensive investment vehicle manager.
The senior asset management officer was with the plan for 21 years.
A Midwestern school district has hired a firm to manage its interim deposits.
Plan rehired its investment consultant as the result of an RFP issued last year.
The new fund will target opportunities alongside sponsors that focus on growing secondary markets and gateway cities.
Larry Johansen has announced his impending retirement after more than 12 years with the plan.
A Virginia-based pension plan added commitments with new and existing managers in September and made several changes to its fund lineup over the past fiscal year.
The search is due to the contract expirations of its two incumbents that currently manage over $900 million.
The plan’s current emerging markets equity manager stands to lose two mandates.
He will focus primarily on the healthcare and utilities sectors.