Daily Feed
Stephen Weiss has joined Acadian Asset Management as senior v.p. for business development.
The pension plan rehired its incumbent consultant in 2021 following a similar search.
The plan will soon begin an international equity search to potentially replace its underperforming incumbent.
The plan will commit an additional $60 million to private markets this year.
The New York-based authority rehired the firm to provide pension fund investment advisory and trustee services last month.
The firm will provide non-discretionary investment advisory services for the city’s short and long-term investments.
Silver Hill Energy Partners has closed its fifth partnership and third institutional private equity fund.
The plan has committed $500 million to a new direct lending platform with J.P. Morgan Asset Management.
Robert Brackenbury, deputy cio of the $122.4 billion State of Michigan Retirement Systems, has retired.
Steve Edmundson has been appointed as executive officer of the retirement system after serving as cio since 2012.
