Extensive and timely coverage of the institutional industry.
A foundation in the Midwest has named its next cio, set to begin on Feb. 1, as its previous cio is retiring.
The senior investment officer will retire after seven years with the plan.
The plan created a maiden high-yield fixed-income allocation as part of a new target asset allocation.
The plan approved a hire at today’s board meeting following an RFP issued in December 2019.
A Texas pension plan approved a search for a second emerging markets equity manager at this week’s board meeting.
The plan is seeking an independent investment advisor to advise on the management of its assets.
The new hire will lead Ares’ diversity, equity and inclusion activities internally, as well as serve as an advisor to support these initiatives at portfolio companies, the firm said.
A Rocky Mountain pension plan terminated its domestic small- to mid-cap core equity manager due to underperformance and personnel turnover.
The new hire will strengthen the investor solutions group, create tailored solutions for clients and develop new institutional relationships.
The hire concludes an RFP that was launched in September.