Extensive and timely coverage of the institutional industry.
The retirement association will consider appointing a new ceo this week.
The acquisition will strengthen Patria Investments’ local presence and investment capacity in North America.
The plan added $45 million in private markets commitments in January and December.
The plan made several changes as part of a total equity structure review at today’s board meeting.
The hire will lead new business development nationally with a focus on institutions, consultants and outsourced cios.
The retirement system and OPEB trust have worked with the incumbent provider since 2014.
The search is being conducted due to state procurement rules.
The foundation named the managing director of a nearby investment office as its next cio to complete a search initiated last year as the previous investment head left to join a family office firm.
The new hire was most recently head of marketable alternatives at Meketa Investment Group.
Gordon McKemie will lead the development of a dedicated leveraged loans capability within the firm’s fixed-income platform.