A Midwestern plan will implement a new long-term asset allocation policy by the second quarter of 2021.
A Midwestern police pension plan made several changes to its global equity portfolio that included manager consolidations and replacements.
Plan added investments in distressed debt and high-yield fixed-income in successive months in the third quarter.
The city is looking to replace Chavon Sutton, who recently left the Bureau of Asset Management.
The appointments include Head of Europe and Head of North American Infrastructure.
The new hire will bridge the firm’s business development and investment teams.
A deferred compensation plan in the Midwest has begun a search for an investment consultant.
A Midwestern deferred compensation plan has launched its search for a third-party administrator due to its incumbent’s upcoming contract expiration.
Plan committed $15 million each to two distressed debt commitments that will fall within its alternatives bucket.
The pension fund asked its consultant to provide potential alternatives to its incumbent due to performance concerns after a third quarter performance review at its meeting yesterday.