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The firm has hired a head of international quantitative strategies to lead its international quantitative investment portfolio, including oversight of research and strategy and management of the firm’s quantitative teams spread across the globe.
The institution expects to receive formal recommendations on asset allocation changes to its liquidity pool from its general investment consultant at a future board meeting.
The foundation added three analysts to help manage its investment portfolio.
The plan committed $80 million across four funds to complete a recent search in the private equity space.
Laing oversees an approximately $1 billion endowment for the Chicago-based Builder’s Initiative Foundation. She took the time to answer 5 questions with FIN News.
The pension plan hired a new domestic large-cap growth equity manager and committed to an existing opportunistic real estate manager today.
The firm will begin its new contract on Jan. 10.
The pension plan will consider tweaking its asset allocation for fiscal year 2024 at its board meeting tomorrow and disclosed commitments totaling $450 million at today’s investment advisory committee meeting.
The plan made a hire at its meeting this week after interviewing two finalists.
He joins with over 30 years of industry experience and will strengthen the firm’s relationships with clients.
