Equity

Alternatives
Southern Teachers Plan Sets 2023 Pacing Plans; Terminates Three Mgrs.

The pacing plan will commit a total of $825 million to real assets and private equity strategies.

12.05.22
Equity
Southern Plan Begins Int’l Large-Cap Growth Search

The plan is conducting the search due to the April 2023 contract expiration of its incumbent, which was rehired in 2018, 2013 and 2008 following similar searches.

12.02.22
People
Midwest University Promotes Senior PM To MD

The university has promoted a senior portfolio manager to managing director following a search for the position after its previous managing director retired.

12.01.22
ESG
New England University Considers New Fossil Fuel-Free Index Strategy

The university system is considering adding a fossil fuel-free passive index strategy to align with its recent mandate to divest its portfolios of direct and indirect investments in fossil fuels.

12.01.22
Passive Equity
Western Endowment Wraps Up Passive Equity Search

The public school fund selected its incumbent passive equity manager to handle approximately $343 million in October following a search from this summer due to the firm’s contract expiration.

12.01.22
International / Global / Emerging Markets
New England Plan Seeking Emerging Markets Small-Cap, Passive Index Managers

The searches are being conducted to comply with state procurement laws.

11.28.22
Industry News
Investment Mgr. & European Bank To Combine Cash Equity & Equity Research Businesses

The firms plan to form a joint venture combining their cash equities and equity research businesses to provide investment insights into the American, European and Asia Pacific equity markets as well as liquidity access and leading global trading technology.

11.22.22
Passive Equity
Chicago Institution Adds Passive Equity Mandate W/ Diverse Mgr.

The institution approved a new passive equity index investment with a diverse manager this summer as part of its commitment to promote diversity, equity and inclusion internally and through its selection of investment managers.

11.22.22
Equity
New England 529 Plan Removes Mgr. From Watch

The plan’s investment consultant will continue to monitor the strategy’s short- and long-term performance.

11.22.22
International / Global / Emerging Markets
Western Endowment Approves Global Equity Direct Investment

The fund added a global equity investment with a newly operational firm this week.

11.17.22