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The township, which launched the search this past summer, does not plan on going forward with a hire at this time due to personnel turnover.
A Southwestern pension plan approved a new global equity structure and a hired a manager to fill a new passive component at today’s meeting.
The firm has also named a head of financial services for North America.
The plan rehired consultants for its private markets portfolio following a review process.
The plan is looking to invest approximately $14 million with an international developed markets growth equity manager.
A West Coast city has issued a bundled provider RFP on behalf of its deferred compensation plan and retiree health savings account program.
The new hire will also become President of Schroder’s Paris-based infrastructure business.
Private equity funds were top of the list for investors’s planned allocations.
A new impact-driven minority-owned investment platform has launched with the help of a financial services company, a family office and a mission-aligned investment firm.
Alternatives will play an even more critical role in helping nonprofits reach spending plus inflation targets in 2021 as they seek income and downside protection that low-yielding bonds markets and equity markets cannot.