A Southern pension plan approved the addition of a second real estate manager and is slated to increase its target to the asset class to accommodate it.
Foundations continue to shy away from alternative asset classes and have reduced spending in light of lower expected returns, according to a recent study from an investment consulting firm.
Rockefeller Capital Management is adding two senior advisors to advise the firm on creating long-term strategic solutions for clients, institutions and communities.
A Rhode Island fund overseeing the state’s system of public higher education hired a firm to provide employee benefits consulting services for its retirement plans.