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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.
A lead investment staff member at a health network based in the Midwest has left the role to join a family office.
A New England pension plan approved the hire of a new domestic large-cap value equity manager today after terminating its incumbent.
A Southwestern pension plan placed a domestic mid-cap value “next generation” manager on watch at today’s board meeting.
The state plan will invest up to $1 billion with portable alpha managers in 2021.
