Extensive and timely coverage of the institutional industry.
The metro system completed a search for the services in 2015 that resulted in RVK’s hire.
The plan interviewed two finalists at today’s board meeting after launching a search earlier this year.
He joins from Morgan Stanley Investment Management, where he was cio and deputy portfolio manager for its largest core fund.
The commitments include a $300 million commitment to a separately managed account focused on private credit emerging managers.
The pension plan considered approving a $20 million credit commitment today.
The pension plan’s investment committee approved four commitments totaling $275 million last week.
The foundation has selected its next president and ceo to lead the organization in the fall after its head announced their impending departure last year.
The pension fund hired two core fixed-income managers to split the mandate of its incumbent.
The global asset manager hired a new head of product strategy from Goldman Sachs Asset Management.
The pension plan made $512.9 million in total private equity commitments and $90 million in total real estate commitments in the second quarter.