News

Extensive and timely coverage of the institutional industry.

Juneteenth
Listing The Largest Black-Owned Asset Managers

A look at Black-owned asset managers with more than $1 billion in assets under management.

06.19.23
Asset Study/Review
Mid-Atlantic Retirement System Adopts New Long-Term A/A; Hires DC Record Keeper

The system will introduce a target to asset allocation leverage as part of a new long-term asset allocation policy for its defined benefit plans and hired a record keeper on behalf of its eight defined contribution plans yesterday.

06.16.23
People Moves
Ullico Adds To New Real Estate Group

Firm has added Asa Flynn and Steven Reed as v.p.s to its newly launched real estate equity investment group.

06.16.23
Passive Equity
Calif. Plan Retains Public Markets Passive Mgr. For OPEB Trust; Adds PE Commitment

CIO Jonathan Grabel recently rehired the trust’s public markets passive manager and the pension plan made a $270 million private equity commitment this week.

06.16.23
Domestic Equity
Calif. County 457 Concludes Domestic Equity Mgr. Searches

The deferred compensation plan hired two domestic equity managers to replace existing mandates with the same firm yesterday.

06.16.23
Consultant/OCIO/Discretionary
Illinois Plan Sticks With Incumbent Real Assets Consultant

The firm’s contract was set to expire later this year.

06.16.23
International / Global / Emerging Markets
Midwest Pension Plan Hires New Int’l Equity Mgr.

The incumbent manager was replaced due to founder retirement, falling assets and client departures.

06.16.23
International / Global / Emerging Markets
West Coast Pension To Review Int’l Equity Structure

The review may lead to replacement searches for two incumbent managers.

06.16.23
People Moves
Southern Pension Plan Names New Executive Director

The plan has named its new executive director after beginning a search in March.

06.16.23
Consultant/OCIO/Discretionary
Southern Pension Plan Hires PE Consultant

The pension plan hired a private equity consultant to help implement its maiden 5% target to the asset class today.

06.15.23