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Donald Sanya has been appointed the new ceo of RBC Global Asset Management’s U.S. business.
The private equity firm has promoted one of its managing directors to oversee portfolio performance.
The plan interviewed a total of three finalists in its general investment consultant search.
The pension plan hired two infrastructure managers in an effort to build out its natural resources/infrastructure allocation in April.
The plan switched consultants after nearly two decades with its incumbent.
The search is open to North American focused private equity fund-of-funds.
The search is being conducted in accordance with state procurement laws.
The new hire joins the firm from BlackRock, where he was head of the Americas fundamental fixed-income product strategy.
The pension could invest up to $250 million in a short extension strategy.
The fund closed at $404.5 million, bringing the firm’s total CLO assets under management to $1.26 billion.