A Midwestern police pension plan has approved a new asset allocation that will shift its private equity assets to direct lending over the long term.
A Southern pension fund will conduct a domestic large-cap core equity search due to the closure of its existing manager.
A Southwestern pension plan adopted a new asset allocation.
A Great Lakes pension plan hired an international growth equity manager as part of an ongoing structure review.
An Oregon city rehired its investment manager following an RFP process.
A Northeastern pension plan voted to terminate its real estate and commodities managers at a meeting last week.
Bambos Hambi, head of multi-manager strategies at Aberdeen Standard Investments, is leaving the firm in October to join Quilter.
Pension funds across the country are beginning to report preliminary return information for the first quarter as the COVID-19 pandemic ravaged the markets.
The $393 billion California Public Employees’ Retirement System has appointed three managing investment directors, effective July 1.
A Midwestern state investor hired a domestic small-cap growth equity mandate as part of an ongoing search in the space.