Extensive and timely coverage of the institutional industry.
With the stock market closed and sanctions imposed, investors were told to assume that billions of dollars in Russian assets had become essentially worthless.
The new hire will oversee both administration and investment for the plan.
The plan’s emerging-manager-of-managers is replacing an international equity firm due to a personnel change.
The plan has issued its RFP for minority-, women- and diverse-owned private equity managers to handle up to $50 million.
The combined firm has over $745 billion in assets under administration.
The search is for a manager to handle six index funds.
The search is due to the expiring contracts of two incumbents managing a total of $440 million.
They will oversee private assets, public fixed-income and investment strategy.
The plans are seeking a single firm to provide comprehensive services for their assets.
Schools say it would place them at a competitive disadvantage and could threaten fundraising.