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Many institutions are not prepared for rare and unexpected tail risks that keep them up at night such as an unexpected liquidity crunch or a cyberattack, but investors can hedge against these risks to prepare for the worst, a new study finds.
The plan will also target more $720 million to alternative funds in 2023.
The plan is searching for a private credit/debt consultant and will lose a team member of 30 years and head of its fixed-income and global income strategies since 2000 to retirement.
The city hired a new investment advisor for its portfolio over the summer.
The managing director will help source and execute structured capital solutions.
The authority picked up an investment firm to oversee its $270 million in assets in August.
The firm’s president and ceo will retire at the end of August 2023 and be succeeded by the firm’s director of investments.
The college is divesting from indirect investments in companies that support fossil fuel development as part of its goal to achieve campus-wide carbon neutrality by 2025.
The discretionary provider hired a managing director and head of non-U.S. equity to direct its international equity investments and co-lead its public equities team.