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The fund is reviewing its relationship with a firm that handles private energy, international equity and emerging markets mandates after the state comptroller directed entities to divest their existing holdings from financial companies that boycott energy companies.
Given available yields in short rates and “superior” liquidity in the current high interest rate environment, healthcare systems can benefit from allocating new funds to short-term tiers, according to a recent report.
The foundation is searching for a cfo to oversee its finances and assist with managing its investment portfolio after its finance head left the organization after less than two years in the role.
A public trust fund affiliated with a Midwest metropolitan airport has selected two discretionary investment managers following an RFQ process from the start of the year.
The plan named a dedicated investment officer for its emerging manager program.
The manager has trailed its benchmark for two consecutive quarters.
Firm has promoted Yichao Mark to the newly created position of director of strategic investor solutions.
The plan may hire two direct lending managers next month.
The selection will conclude a core-plus fixed-income search for a replacement manager.
The plan is seeking a firm to provide advisory and oversight services to its board.