Daily Feed
A California plan has concluded its search for an alternative investments dedicated managed account platform provider.
The search is to potentially replace its incumbent emerging markets equity manager.
A Southwestern plan has chosen an investment advisor to oversee its $134 million portfolio.
One of the current Co-CEOs will retire, while the other will stay on as CIO.
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.