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An endowment in the South hired a new outsourced cio to handle its investment portfolio to wrap up a search from late 2019.
A foundation in the West has selected a new investment consultant for its long-term and sustainable and responsible investment portfolios following the issuance of an RFI in January.
Action will see plan expand its emerging manager program target to $1 billion from $750 million.
The new firm replaces a manager terminated in August due to significant leadership change.
Plan is seeking a successor to an incumbent that is retiring after serving in the position since 1993.
The two firms will acquire a minority stake in Kartesia in the process.
The plan is searching for small-cap firms for a domestic equity portfolio that is entirely with large-cap managers.
The plan began searching for managers after increasing its target to the asset class.
The pension fund is replacing its cio who retired last month.
A New England pension plan tapped a replacement for a recently terminated absolute return manager at a meeting today.