A Midwestern pension plan terminated its active large-cap equity managers to fund mandates with three new global equity managers hired following an RFP search.
2020 seemingly moved at a snail’s pace and warp speed all at the same time and as the year of interminable days finally comes to a close, a number of firms in the industry are celebrating the holidays with a different twist than they did in years past – through virtual holiday parties.
A plan in the Mid-Atlantic region is considering two firms to handle a custom private equity program mandate and hopes to hire one by the end of January.
The COVID-19-induced sell-off wreaked havoc on healthcare organizations’ returns both in the short- and long-term following the first quarter drawdown, according to a recent survey.