News

Extensive and timely coverage of the institutional industry.

ESG
Western College Approves Fossil Fuel Divestment Measures

The college agreed to prioritize selling all directly owned oil and natural gas wells and two legacy investment partnerships in fossil fuels.

12.19.23
Consultant/OCIO/Discretionary
Northeast Trust Seeking OCIO Services

The trust’s current outsourced cio was first hired in 2019.

12.19.23
Consultant/OCIO/Discretionary
West Coast Pension Concludes General Investment Consultant Search

The plan received a total of four proposals in its general investment consultant search.

12.19.23
Alternatives
West Coast Pension Discloses Private Markets Commitments

The plan closed on private equity and private credit commitments totaling up to $85 million in early November.

12.19.23
Alternatives
Calif. Pension Adds Private Markets Commitments

The plan added $100 million across three new commitments this month.

12.19.23
Infrastructure
Texas Pension Taps Infrastructure Commitment

The plan made a $20 million re-up commitment to an existing manager relationship this week.

12.19.23
Asset Study/Review
Wisconsin Fund Adopts New Asset Allocation

The plan approved a new asset allocation for its Core Trust Fund last week.

12.19.23
People Moves
Texas Pension Names New CIO

The plan’s new cio will join next month from CalPERS.

12.19.23
People Moves
Wellesley Hires Portfolio Manager

He will help manage the firm’s convertible bond products and develop new products.

12.19.23
Daily Feed
Tennessee Sues BlackRock

 On Monday, Tennessee Attorney General Jonathan Skrmetti filed the first-of-its-kind consumer protection lawsuit against the world’s largest asset manager, BlackRock Inc. Tennessee’s complaint alleges that Blackrock made false or misleading representations to current and potential Tennessee consumers about the extent to which Environmental, Social, and Governance (ESG) considerations affect BlackRock’s investment strategies,

12.19.23