A Midwestern employees pension plan concluded the second phase of its search with the hire of two managers at today’s investment board meeting.
The plan loses its interim executive director as it nears a replacement selection.
The plan awarded its incumbent in its pension fund investment manager search.
Plan approved diverse private equity manager commitments to four funds totaling $35 million.
The plan last issued an RFP for the services in 2018.
The plan has selected a new emerging markets equity manager to replace its incumbent.
The new director serves as managing partner at a venture capital firm.
His responsibilities were divided between two other executives.
The former cio of the Pennsylvania State Employees’ Retirement System has returned to Missouri to join a transportation plan.
A fund in the South has issued its RFP seeking an investment consultant to help oversee its endowment portfolio.