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Verus hired Ted Hermann as a managing director for its newly established Pittsburgh office.
Borrowing costs for the world’s least creditworthy countries have dropped sharply, though remain elevated.
Michael Lawton joined BlackRock Private Capital Markets as a managing director on June 1.
A Midwestern pension plan hired an active international equity manager to replace a passive mandate earlier in the quarter.
A Southeastern pension plan approved the termination of an emerging markets equity manager last month.
A state pension plan in the Great Lakes region disclosed first quarter alternatives commitments and is scheduled to review the results of an asset/liability study next week.
A Southeastern pension plan disclosed new private equity and credit commitments yesterday.
A Midwestern plan added a new private debt allocation and commitment at its board meeting yesterday.
A Western school district has issued an RFP seeking investment management services.
First State Investments has appointed Harry Moore to the newly created role of global head of distribution.