Daily Feed
The firm promoted two of its credit investment team members.
The firms mutually agreed to terminate their prior agreement to combine, ending litigation with the U.S. Department of Justice.
The plan is looking for a firm to provide plan design and administration, record keeping, investment option selection, monitoring and trustee/fiduciary education.
The firm will rebrand to Allspring Global Investments and be led by a new ceo.
The new hire will join the firm in October.
The new hire will replace Steve Bolze, who will retire from the position in the fourth quarter.
Steve Yoon, investment officer for the $4 billion Municipal Employees’ Annuity and Benefit Fund of Chicago, answer 5 questions for fin|news.
He will oversee strategy, marketing and communications and global client management.
Search was approved last year due to the expiring contract of its current investment consultant.
The plan made hires in its domestic large-cap core equity and direct lending manager searches.
