News

A general employees plan has hired a liquid absolute return fixed-income manager to handle $60 million.

A New York plan has begun a search for domestic small-cap value and international growth equity managers.

A health care trust based in the Windy City terminated one equity manager and funded another in recent months.

A Great Lakes-based pension plan made $8 million in distressed debt commitments last month.

Top SEC whistleblower Edward Siedle’s recent fiduciary review of the City of Cranston Fire and Police pension plans found “consistent and dramatic underperformance” of investments — with Siedle recommending that the pension go with a “new pension advisor…without a myriad of conflicts.”

The new venture is aiming to make ‘natural capital’ its own asset.