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A California county treasurer has chosen an investment advisor for the county’s $10.2 billion investment pool.
Commitments to private equity fund-of-funds and secondaries will help to rebuild private equity allocation.
The new head will oversee investor relations and business development as well as helping institutionalize the business, the firm said.
A Wisconsin pension plan is targeting searches in private debt and defensive equity following approval of a new asset allocation last week.
A Virginia-based pension plan terminated a REIT manager last week and discussed the termination of a hedge fund-of-funds manager in August.
The plan will engage in a process to select a new executive director in the coming weeks.
The additional capital will facilitate strategic growth as Arlington expands an existing base of global limited partners, provides additional investment vehicles to investors and further invests in organization and infrastructure, the firm said.
A city in the Southeast is searching for an administrator for two 457(b) plans and two 401(a) plans totaling over $13 million.
The plan tapped a recently retired deputy from the state’s employees retirement system.
