Daily Feed

People Moves
West Coast Pension Plan Acknowledges CIO Resignation

The pension plan expects to meet to discuss future recruitments after its inaugural cio resigned earlier this month, as previously reported by FIN News.

10.26.23
Non-U.S. & Global Equity
Windy City Plan Seeking EME Managers

The plan is seeking firms to handle a roughly $72 million allocation.

10.26.23
Private Equity
Texas Plan Adds PE Commitment

The plan added a follow-on private equity commitment at a board meeting last week.

10.26.23
Non-U.S. & Global Fixed-Income
New England Plan Hires PIMCO For EMD Mandate

The firm will manage a hard currency mandate for the plan following the issuance of an RFP in the second quarter.

10.26.23
Administrator/Record Keeper
Michigan 457 Plan Taps New Bundled Provider

The retirement system approved a new bundled provider/record keeper following diligence and presentations from three finalists.

10.26.23
Surveys/Studies
Commonfund Makes Significant Progress In Portfolios’ Diverse Manager Hires: Report

Since beginning its diversity, equity and inclusion efforts in earnest nearly a decade ago, one investment advisor has made significant progress in having increased diverse manager hires in client portfolios to 45 firms from 10, while also having improved diversity representation in its workforce.

10.26.23
Trends
Artificial Intelligence Advancement Presents Opportunities For Emerging Managers: Xponance

Artificial intelligence could be a boon for emerging or diverse-owned investment managers, though the trend carries some risks, according to the firm.

10.26.23
Hedge Funds
Great Plains Fund Considers Adding Multi-Strategy HFs, Introducing Long/Short Int’l Equity

The fund anticipates hearing recommendations to add new multi-strategy hedge fund managers as well as introduce long-short active management in the international equity portfolio at its board meeting today.

10.26.23
People Moves
Northeast University Adds Two Investment Staffers

The university has hired a senior director of investments and associate director of investments from the previous employer of its cio as part of the buildout if its investment team.

10.25.23
Consultant/OCIO/Discretionary
Calif. 457 Plan Posts Consultant RFP

The search is being conducted as part of best practice purposes.

10.25.23