Searches And Hires
The pension plan approved an up to $50 million commitment and a private credit pacing plan this week.
The pension plan approved a fiscal year 2026 asset allocation policy for three of its systems at this week’s board meeting.
The pension fund made the decision following a search presentation from its general investment consultant in April.
The hire concludes a shortlist search that resulted from a global equity restructuring last month.
Black-owned and led alternatives firms saw the majority of investment manager search and hire activity as institutional investors continued to focus on private markets, FIN Searches data shows.
The retirement system re-upped with a European credit manager this week.
The asset allocation changes reflect the retirement system’s progress in moving toward its current long-term policy.
A university based in the Midwest added new investments to its portfolios during the fourth quarter.
A foundation affiliated with a university on the West Coast has hired an outsourced cio provider, replacing its traditional investment consultant.
A housing and an economic development government entity is looking for a consultant to study and recommend prospective projects.