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However, the ratings agency doesn’t expect funded status improvements to continue, and it notes that many not-for-profit hospitals are focusing on de-risking strategies.
The firm added two professionals to its recently-launched brand and business unit Avantis Investors.
A plan in the Northeast has made a hire in its domestic small-cap growth equity manager search.
A pension fund near the nation’s capital is considering an emerging market debt search and new asset allocation.
Joseph Landy will step down as co-ceo of Warburg Pincus, a person familiar with the matter confirmed, in an e-mail.
Gabriel Sod Hoffs has joined Blackstone Alternative Asset Management as a managing director and head of emerging markets and global macro strategy, the firm announced.
A Texas-based plan has assigned its consulting services to a new firm.
A pension plan in the Northeast added 5 new managers as part of a new asset allocation.
A pension plan in Arizona voted unanimously to fire its top executive with cause at a special board meeting yesterday.
An Illinois fund terminated a commodity hedge fund-of-funds investment at its June 24 investment committee meeting.