News

Extensive and timely coverage of the institutional industry.

People Moves
Southwestern State Plan Loses Deputy CIO

The deputy cio has resigned after a nearly 20-year career at the plan.

04.01.25
Fixed-Income
New England Plan Begins Core Bond Mgr. Search

The search for due diligence purposes and the plan currently has three incumbent managers.

04.01.25
Small-Cap
Calif. Pension Watching Small-Cap Core Manager

The retirement system is monitoring its domestic small-cap core equity manager for performance reasons.

03.31.25
Industry News
LPL Financial Acquiring Commonwealth Financial Network

The deal will add approximately 2,900 advisors and roughly $285 billion in brokerage and advisory assets to LPL’s platform.

03.31.25
People Moves
Easterly Asset Management Appoints CIO

Joshua Schachter steps into the role after 25 years of investing alongside longtime CIO Richard Snow. 

03.31.25
Industry News
Construct Capital Closes Oversubscribed Third Fund

Early-stage venture capital firm Construct Capital successfully closed its $300 million Fund III, the firm announced.

03.31.25
People Moves
Principal Asset Mgmt. Taps Equities Deputy CIO

The newly established role will further strengthen the equities platform, optimizing performance and fostering innovation across Principal’s global equity strategies.

03.31.25
Small-Cap
West Coast Pension Eyes U.S. Small-Cap Value Mgr. Termination

The potential move comes as the strategy’s portfolio manager recently retired.

03.31.25
Small-Cap
Midwest Pension Adds Small-Cap Growth Manager

The retirement system approved the hire following a search report presentation from its consultant.

03.31.25
People Moves
Ares Appoints Charitable Foundation Co-Chair

The foundation’s new co-chair will serve alongside Michael Arougheti.

03.31.25