Industry News
The court’s decision in favor of the consolidation of more than 600 local pension plans ends a multi-year legal battle.
The firm announced the retirement of a portfolio manager, who has been with the firm for 38 years.
The new hire joins the plan’s private markets team focusing on private equity, private debt, real assets and real estate.
The plan is seeking a new cio as its longtime incumbent will retire at the end of this month.
The firm focuses on control equity investments in middle market businesses.
The firm added a co-head of global institutional sales who will begin in March.
The investment officer will report to Executive Director and CIO Craig Slaughter.
A report finds that 60% of private equity and venture capital industry professionals expect to see greater cash earnings this year, down from 65% last year.