Daily Feed
A Rocky Mountain city is searching for a firm to oversee its investment portfolio.
The new hire joins from AJO Partners, which closed in December.
A Texan city has chosen a firm to help manage its general investment portfolio.
Plan added two domestic intermediate duration fixed-income mandates totaling $120 million.
He will work closely with Cerberus’ investment platforms, operations affiliates and portfolio companies to drive long-term value, the firm said.
They will manage the America fund and the America special situations fund.
A Midwestern state plan added infrastructure commitments at its board meeting last week.
The plan hired an emerging market debt blended manager following a search report presentation.
A Texas-based pension plan made an emerging markets equity manager hire at this week’s investment committee meeting.
A Northwestern fund approved two fiscal year 2022 pacing plans this week.