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An institution in the Mid-Atlantic region has named an internal senior investment team member as its next cio to succeed its retiring investment head.
Plan appointed a new cio after reposting the position in the first quarter.
The plan terminated a pair of mandates with Bridgewater Associates at today’s board meeting.
The previous president retired in February.
The plan is conducting a search for active domestic large-cap core equity managers for due diligence purposes.
Allocators overwhelmingly want to continue holding virtual meetings even as the coronavirus pandemic winds down.
The plan disclosed two private equity commitments totaling $125 million at a board meeting today.
He will develop new client relationships and help to expand the firm’s fund liquidity solutions team.
The transaction closed on June 2.
The current Investments COO will assume her responsibilities on Sept. 30.