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A Southeastern city is searching for firms to manage portions of its $130 million cash and investment portfolio.
A Northeastern pension plan has hired a new investment advisor, replacing an incumbent it has been working with since 2006.
The plan hopes to increase equity exposure without significant volatility.
He will focus on the global distressed debt real estate market.
A pair of Northeastern pension plans expect to issue an investment advisor RFP next year.
The new hires include two research analysts, two performance analysts and a client analyst.
Plan terminated the investment in the third quarter and moved the assets to a long/short equity strategy.
A Midwestern pension plan hired a new domestic large-cap growth equity manager last month.
The transaction is expected to close in early 2021.
A city in New England is seeking its first third-party administrator for its 457(b) plan.