Daily Feed
Plan will take a deep dive of the international equity space for potential options after placing a EAFE value firm on watch today.
The plan terminated an underperforming manager and added three private markets commitments.
He will be succeeded by two newly appointed co-heads of fixed-income.
City is searching for a firm to provide day-to-day management of its $32 million portfolio.
Plan is seeking one to three global ex-U.S. equity managers and agreed to restructure its opportunistic and alternative fixed-income portfolios this month.
The company promoted its deputy cio to the role of investment head as its ceo and cio concentrates on leading the organization.
The firm hired a senior v.p. and consultant advisor for U.S. institutional services to work with relationship management teams and serve as a liaison with clients and consultants with a focus on the firm’s alternative investment capabilities.
Innovation portfolio will house investments in emerging asset types that are innovative and/or disruptive and have no clear categorization.