Daily Feed

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
Consultant/OCIO/Discretionary
Northwest Pension Concludes PE Consultant Search

The retirement fund began a search in June due to contract expiration of its incumbent consultant.

10.25.23
People Moves
Rocky Mountain Pension Plan Hires RE Portfolio Associate

The pension plan’s new hire reports to Director of Real Estate C.H. Meili.

10.25.23
Emerging/Diverse Managers
Midwest Pension Shakes Up Emerging Manager Program

The pension plan shifted its emerging manager program to a U.S. small-cap equity mandate to increase its chances of achieving excess returns.

10.25.23
Hedge Funds
Southern University Adds Hedge Funds

The university added two hedge fund strategies with existing managers within its endowment in the third quarter.

10.25.23
Industry News
Wealth Manager & RIA To Acquire Institutional Advisor

The wealth manager and registered investment advisor has agreed to acquire an institutional advisor that works with foundations, endowments, corporations, hospitals and religious organizations.

10.25.23
People Moves
Firm Adds Director From Nearby Investment Consultant

The firm has hired a director to assist with asset allocation, investment policy development, investment manager search and selection and performance measurement for its foundation, endowment and family office clients.

10.25.23