Extensive and timely coverage of the institutional industry.
The plan is searching for a firm to provide record keeping and administration services.
The plan selected a new investment consultant at a board meeting last month.
He will lead the firm’s hedge fund research.
The new hires include two fund managers and an analyst.
They will oversee human capital, ESG and corporate social responsibility, communications and brand marketing.
The outgoing managing director was first hired in February 2020.
Nearly 200 hedge funds launched in the first quarter of 2021, according to Hedge Fund Research, the most since 2017.
Nasir Qadree, a Washington-based investor who just raised $62.1 million for his debut venture fund, recently told us that as his fundraising gained momentum, he was approached by established firms that are looking to absorb new talent.
The Thrift Savings Plan will give millions of federal workers access next summer to investments based on ESG criteria.
A Texas-based real estate company with a new war chest of investment funds has purchased an Uptown office building.