News
Extensive and timely coverage of the institutional industry.
The chief risk officer joined the alternative asset manager last month.
The board also disclosed private equity and real estate commitments today.
The city is searching for advisory services for its five investment accounts with more than $1.1 billion in assets.
The county made a hire in its investment management services search last month.
The retirement system made two commitments last month for diversification purposes.
The retirement system also disclosed commitments totaling $825 million yesterday.
Institutional investors working with investment consulting firm Wilshire said they will be monitoring the announced acquisition of the firm by Marsh, but none pointed to any immediate concerns with the deal.
The retirement system also concluded an emerging markets equity manager search in the third quarter.
The retirement association is conducting the search to neutralize the portfolio’s value tilt.
The retirement system will interview two firms to potentially replace its $80 million international large-cap value equity mandate.