The transaction is expected to close in early 2021.
Consultants’ lack of diversity may dampen future returns, according to a survey.
A Great Lakes plan hired a new international value equity manager to replace a firm on watch this week.
The search is open to funds that invest in diverse-owned firms.
A Northeastern pension plan issued an investment consultant RFP this week.
System is seeking a new executive director to head the administration and management of the plan.
He will represent the funds in private bank, trust and other institutional channels.
The fund plans to have a carbon-neutral portfolio by 2040.
The new v.p.s and associates will be based in New York or Los Angeles.
A Southeastern pension plan approved moving 50% of its domestic small- to mid-cap equity portfolio to passive management at a meeting today.