Daily Feed
A Midwestern deferred compensation program terminated its domestic large-cap value equity manager at yesterday’s board meeting.
The plans are seeking record keeping as well as third-party administrative services.
The plan made commitments to infrastructure, private equity and venture capital at a meeting this week.
The plan committed up to $100 million total to two real estate debt funds at its investment committee meeting yesterday.
The plan had been expected to begin the search consistent with its administrative review policy.
Upheaval in the markets and our lives due to the COVID-19 pandemic led to a search for investment opportunities by institutional investors – with the credit markets offering a beacon of hope for strong returns during a turbulent time.
A West Coast city is searching for a firm to assume management of its operating and capital projects funds.
A Southwestern retirement system approved real estate and opportunistic credit pacing plans at its joint board of trustees and investment advisory committee meeting yesterday.
A succession plan has been implemented to ensure the uninterrupted operation of the firm and its money management activities.