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A West Coast municipal water district is searching for a firm to manage its $40 million cash and investment portfolio.
He will lead sales, consultant relations, client service, marketing and public relations.
A Southern teachers pension plan approved two private markets commitments at a meeting this week.
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.
