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The investment head of a Midwestern university foundation has stepped down after more than eight years in the role.
Plan placed its domestic large-cap growth equity manager on watch last month due to consistent underperformance compared to the benchmark.
The acquisition is expected to be finalized around Sept. 1.
The plan approved a commitment to an existing private equity manager at today’s board meeting.
The two will bolster the private equity firm’s capabilities in investment execution and value creation initiatives at portfolio companies.
A Southeastern county has rehired a firm to buy and sell securities and serve as an investment broker.
The plan is looking to hire a domestic large-cap growth equity manager to complement an existing firm.
The plan will conduct an international small-cap equity manager search as part of a new asset allocation.
The recommendation was part of a domestic equity portfolio structure review presented at a board meeting yesterday.
A Texas police and fire pension is searching for a new cio.