News

Extensive and timely coverage of the institutional industry.

Fixed-Income
Calif. 457 Plan Swaps Intermediate Bond Mgrs.

The plan replaced its intermediate fixed-income manager due to personnel changes at the firm.

11.27.23
Small-Cap
Florida Police Pension Hires Small-Cap Core Mgr.

The plan hired the firm for an $8 million mandate at its October board meeting.

11.22.23
Credit/Private Debt
Northeast Pension Seeking Private Debt Managers

The plan is looking to make its second investment in the asset class.

11.22.23
Consultant/OCIO/Discretionary
Alaska Municipality Taps New Investment Advisor

The municipality previously worked with investment advisor Callan.

11.22.23
Fixed-Income
Midwest Pension Plan Makes Commitments

The pension plan’s investment committee approved commodities, fixed-income and private credit commitments last week.

11.22.23
Administrator/Record Keeper
Southeast DC Plan Concludes Record Keeper Search

The plan issued an RFP earlier this year to consolidate to a single provider from its previous three.

11.22.23
Industry News
L Squared Closes Fourth Fund

The private equity firm recently closed the fund at $840 million.

11.22.23
Small- to Mid-Cap
Southern Pension To Interview 4 Smid-Cap Mgrs.

The selected firm will assume an $86 million mandate currently handled by an underperforming manager.

11.22.23
In The News
Retired State Worker Sues Oklahoma State Treasurer

A retired state employee is suing Oklahoma’s treasurer, arguing that his enforcement of a new law is harming his pension.

Former Oklahoma Public Employee Association President Don Keenan filed the lawsuit in Oklahoma County District Court on Monday. It seeks to stop a law prohibiting the state from doing business with companies believed to be hostile to the oil and gas industry. Keenan’s lawsuit asks the court to find Oklahoma’s Energy Discrimination Elimination Act unconstitutional.

11.22.23
People Moves
New England College Adds Two Board Members

The college has added two new members to its board of trustees, including one with investment experience.

11.22.23