Daily Feed
A Midwestern employees’ pension plan hired a senior retirement investment officer for public equities and a quantitative investment officer in October.
The plans’ consultant said more discussions may be necessary if the firm’s strategies don’t outperform in a market favoring value during a meeting today.
The new manager will take over an approximately $10 million portfolio.
The $1.7 billion transaction is expected to close mid-2021.
A Northeastern plan approved commitments to two private equity firms at a meeting today.
He will establish, develop and strengthen relations with asset owners and consultants.
He will develop and maintain the firm’s investor relations strategy.
A Southeastern retirement plan approved a new domestic small- to mid-cap equity structure at a board meeting today.
The combined firm would be led by the Owl Rock and Dyal co-founders.
A Southeastern state pension plan disclosed several new private commitments at a board meeting today.