Industry News
Most institutions in a study showed healthy balance sheets.
A foundation based in the Midwest has hired a cfo and coo to oversee its finances, financial policy, plans and investments.
The decision is part of the plan’s broader review of energy sector investments that face significant climate risk.
Diverse investment managers on the firm’s focused placement list rose by 45%, the firm said.
The $845 million transaction is expected to close in the fourth quarter.
The senior investment officer will depart the plan to take on a role at an investment consulting firm.
The appointment follows the retirement of the plan’s executive director.
A fund in the Northwest added two new members to its private equity and special opportunities team.
As higher education institutions grapple with the financial wellness of their participants in the wake of the COVID-19 pandemic, a new study has discovered that institutions continue to shift toward consolidating retirement plan providers.
Pacific Investment Consultants has joined CAPTRUST Financial Advisors, the firm announced.