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A city in Texas is searching for a firm to provide discretionary and non-discretionary management for its portfolio.
He will be responsible for managing a corporate bond strategy as well as developing a new dynamic bond strategy.
He focuses on sourcing and executing investments in financial services and financial technology businesses.
The new PM previously served as a credit research analyst.
A fund in the Northwest added two new members to its private equity and special opportunities team.
The plan expects to issue the RFP this quarter with an anticipated contract start date of Jan. 1.
The plans, which had been working with an incumbent investment firm for nearly 20 years, tapped a new firm late last year following a search.
The county plan is conducting a search for a core bond manager to handle $60 million to comply with state procurement laws.
The plan made several new private equity and credit commitments at its April board meeting.
An external search firm has been retained to find a successor.
