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Extensive and timely coverage of the institutional industry.
The managing director will focus primarily on Star Mountain Capital’s private credit secondaries business.
The plan will issue an RFP later this year due to statutory requirements.
The plan will also consider a $30 million re-up commitment with a real estate manager.
The town currently works with investment advisor Morgan Stanley Investment Management.
Western Asset Management had been on the plan’s watchlist since September.
He will retire from the plan at the end of the fiscal year after three decades of service.
The bill would raise the excise tax levied on annual private university endowment profits in line with the corporate tax rate of 21%.
A recent executive order directs federal agencies to launch civil investigations concerning DEI policies at private sector institutions, including large universities and foundations.
The outsourced cio firm has promoted a partner and head of its client portfolio management group to co-cio, effective Jan. 1.
The corporation is searching for firms to establish a state venture capital fund and to act as the manager of the fund, for which the state will be a limited partner.