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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.
The hire concludes a volatility risk premium manager search from last year.
The firm was placed on watch after the plan received notice of an investment team change.
She will determine and execute the firm’s marketing goals and strategy.
The search is to replace its outgoing director, who plans to leave in June.
A recent survey showed that many nonprofit investors have not had conversations around mission-aligned investing.