Extensive and timely coverage of the institutional industry.
Changes to risk and investment allocation have driven the improvements.
Funded status jumped to 96%, up 8 percentage points during 2021, Willis Towers Watson analysis finds.
Protecting funded status, addressing inflation risk, adding value, and more are among suggestions from consultants and asset managers.
Plan’s new executive director will start early this year following a search initiated in September.
The outgoing CEO is considering a run for the U.S. Senate.
The plan will hear presentations from existing managers’ new fund offerings.
Three core-plus real estate managers will vie for a $20 million mandate.
Plan committed a total of $80 million between two direct lending commitments in December.
The team will join a new segment of Ares dedicated to real assets.
The transaction was first announced in June.