The airport authority made a recent hire in its search for administration and record keeping services for its 457 Deferred Compensation Plan and 401(a) Defined Contribution Plan.
The new managing director will oversee Elion’s strategic business development initiatives and lead capital formation across its investment vehicles, the firm said.
The nation has been captivated by revelations of millions of amateur traders collectively through social media and online trading platforms taking on Wall Street’s highest cost, highest risk, most secretive money managers and winning—at least in the short term.
The two pension funds, which comprise about $63 billion in assets, don’t seem likely to follow the other retirement plans in abandoning oil and gas holdings.