Industry News
No bond or currency managers expect inflation to fall below the Federal Reserve’s target in the next 12 months.
The plan has begun its search seeking a replacement for CIO Elizabeth Miller, who has retired.
He will assist with research, evaluation and selection of private equity managers.
They will focus on wirehouse and broker-dealer channels as well as private wealth channels.
She will be responsible for business development and capital raising across H.I.G.’s global credit platform.
The new office will initially focus on institutional retirement advisory services.
The transaction closed on July 6.
RCPDirect IV closed with $645 million in commitments.
The three oversee international equity, emerging markets equity and global and U.S. equity strategies.
The plan is seeking a cio after its investment committee approved the search last quarter.