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A foundation managing a university endowment has added a senior director and head of private investments to its team.
Georgia Clarke, senior manager for pension investments at Raytheon Technologies, is departing the company this week.
The commitment represents the plan’s third with the real estate manager.
Janus Henderson Group will now serve as The Guardian Life Insurance Company of America’s investment grade public fixed-income manager.
The plan will launch a search process for investment consulting services ahead of its incumbent’s contract expiration.
The plan has also cancelled its exploratory real estate search.
Senior V.P. Uvan Tseng was promoted to head of Callan’s West Coast consulting team in May after first joining the firm in 2008 as an investment consultant. He took the time to answer 5 questions with FIN News.
The new venture capital head joined the retirement system from IVP.
King Street European Real Estate Special Situations Fund II closes after hitting its $950 million hard cap.
The deferred compensation plan replaced its international large-cap value equity manager in the fourth quarter due to underperformance.