Extensive and timely coverage of the institutional industry.
The plan terminated a manager that has been axed from several other pension funds in recent weeks.
The firm was part of the plan’s local emerging manager composite.
The manager hire concludes a domestic all-cap equity index manager search, which the program launched in March.
The plan is looking to commit $10 million to the asset class for pacing purposes.
The pension plan committed up to $80 million to a new manager relationship.
The analyst will help develop investment strategies and assist with research and recommendations for crafting a new internal fixed-income strategy at the North Dakota State Retirement and Investment Office.
AlbaCore Capital Group has hired Luke Gillam as partner and head of senior direct lending.
MacKay Shields has named Alison Micucci as its next ceo effective Jan. 1.
The plan is seeking firms to handle an approximately $95 million mandate.
The plan’s incumbent general investment consultant was first hired in 2018.