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The plan’s general investment consultant informed the board that an RFP would go out this year.
The firm has hired a portfolio manager to oversee its actively managed equity strategy focused on water technology companies.
The foundation is seeking a cfo to oversee its fiscal operations, including finance, budgeting and investments, after its finance head left this month.
The organization hired a new member consultant to help institutions with searches for investment consultants and outsourced cios, including assessing and evaluating firms and proposals.
The foundation’s investment head died last week after a two-year battle with brain cancer.
The firm has hired a senior consultant to advise fiduciaries on their outsourced cio and investment consultant evaluation and search projects.
The deal would bring the investment management units of both firms together, creating a roughly $115 billion firm.
An anonymous mid-Atlantic Taft-Hartley plan is searching for a core fixed-income manager to handle $20 million.
More than 70% of investors globally intend to increase their allocations to private equity this year, according to the results of BlackRock Alternatives’ inaugural survey released today.
The funds will invest in incubation, seed, Series A and Series B stage digital-health startups.