Industry News
Foundation’s board is led by an assistant v.p. of risk and analytics at CarMax and includes a v.p. of investments and private client advisor with J.P. Morgan.
The foundation hired an investment operations manager in May following a search from last year.
Hire formerly served as head of structured product sales and development at Credit Suisse.
The analyst will provide technical assistance in administering the plan’s long-term investment policy.
He will join the New York-based firm’s industrial growth team.
The previous CFO left the firm in March to become CEO of Janus Henderson Group.
The fund seeks unique direct co-investment and secondary investment opportunities.
He manages various global bond investment strategies and mandates for institutional clients.
The average U.S. corporate pension funded status fell to 98.5% from 102.5% in the second quarter.
