MidOcean intends to leverage HPC’s capital and expertise to create new private equity and alternative credit franchises and add to its bench of talent.
The firm’s employees own over 20% of Allspring’s equity.
He will help grow the sustainable multi-asset solutions team.
The plan made three commitments totaling up to $32 million at its board meeting last week.
The retirement system is looking for managers for potential inclusion within its Crisis Risk Offset allocation.
The plan hired two firms for active and passive approaches to global equity following a search from earlier this year.
A Southwestern county has issued an RFP seeking an investment manager to handle its investment portfolio and devise investment strategies.
He was previously head of DC multi-asset solutions at Aon Investments.
He will be responsible for developing and strengthening Vontobel’s U.S. strategic distribution partnerships.
The transaction is expected to close by the end of the second quarter in 2022.