A water district in the Rocky Mountains is searching for a firm to help oversee its $20 million portfolio.
His portfolio manager responsibilities will be assumed by other team members, the firm said.
The two will focus on promoting Thornburg’s global fixed-income and global equity capabilities to the North American institutional marketplace.
The plan committed a total of $50 million to two funds for pacing purposes.
A Southern pension plan consolidated its passive domestic equity portfolio at today’s board meeting.
The plan disclosed several private equity commitments and one to private debt at a board meeting today.
A Northwestern pension plan hired an absolute return bond manager to replace its terminated mandate with hedge fund-of-funds manager Castine Capital Management at yesterday’s board meeting.
The new CIO will be responsible for developing and implementing investment policies, strategies and tactics.
They will be responsible for partnering with clients as well as expanding relationships with the consultant and institutional investment community.
A college based in New England will see a new cio take on oversight of its endowment next month.