Industry News
The new cio will join the plan in September from the Employees Retirement System of Rhode Island.
Plan is searching to replace its cfo, who will retire next month.
He will focus on identifying, evaluating and executing investment opportunities.
The fund will invest across the business and financial services, healthcare, industrial, retail, consumer and leisure and technology sectors.
The fund seeks to create customized financing solutions that can help resolve idiosyncratic liquidity and capital structure situations.
The wealth management firm has named its next chief fiduciary officer to oversee all fiduciary administration for trust and estate services as its previous fiduciary head is set to retire.
New investment analyst previously served on the retirement system’s board of trustees.
She will lead the development of artificial intelligence and machine learning methods.
Plan’s decision to move all of its fixed-income assets in-house will reduce its annual fees.