Daily Feed

Alternatives
West Coast Pension Discloses Private Markets Commitments

The plan closed on private equity and private credit commitments totaling up to $85 million in early November.

12.19.23
Alternatives
Calif. Pension Adds Private Markets Commitments

The plan added $100 million across three new commitments this month.

12.19.23
Infrastructure
Texas Pension Taps Infrastructure Commitment

The plan made a $20 million re-up commitment to an existing manager relationship this week.

12.19.23
Asset Study/Review
Wisconsin Fund Adopts New Asset Allocation

The plan approved a new asset allocation for its Core Trust Fund last week.

12.19.23
People Moves
Texas Pension Names New CIO

The plan’s new cio will join next month from CalPERS.

12.19.23
People Moves
Wellesley Hires Portfolio Manager

He will help manage the firm’s convertible bond products and develop new products.

12.19.23
Daily Feed
Tennessee Sues BlackRock

 On Monday, Tennessee Attorney General Jonathan Skrmetti filed the first-of-its-kind consumer protection lawsuit against the world’s largest asset manager, BlackRock Inc. Tennessee’s complaint alleges that Blackrock made false or misleading representations to current and potential Tennessee consumers about the extent to which Environmental, Social, and Governance (ESG) considerations affect BlackRock’s investment strategies,

12.19.23
Non-U.S. & Global Equity
Illinois Pension Approves Int’l Small-Cap Hires

The pension fund hired international small-cap core, growth and value managers to conclude a search initiated earlier this year.

12.18.23
Fixed-Income
Va. Pension Plan Mulls Adding FI Mgr.; Slates Executive Director Hire

The pension plan is considering adding a domestic core fixed-income manager to its lineup and expects to select a new executive director next month.

12.18.23
Industry News
Denali Advisors To Acquire McKinley Capital

The transaction is expected to close by year-end.

12.18.23