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The new hire will serve as managing director, coo and head of strategic initiatives.
The authority is seeking a firm to review investment transactions and provide performance reports.
The $2.6 million OPEB trust has launched a search for an investment advisor.
The plan’s investment consultant began a replacement search in the fourth quarter.
Private markets activity is improving alongside artificial intelligence investment growth as investors lean into more complex and fragmented markets in their quest to unlock differentiated return sources.
GW&K Investment Management has named Partner Michael Clare as its new president.
The private equity firm closed its most recent fund with $670 million in capital commitments.
The plan approved a $40 million core infrastructure commitment last week to fill a new allocation to the asset class.
The U.S. and Israel’s joint strike against Iran over the weekend has prompted retaliation across the Middle East that sent oil prices surging, though industry experts believe the markets can absorb those levels in a short-lived conflict.