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The incumbent manager was first hired in 2015.
Hywel Robinson has joined the firm as a principal.
The contract has not yet been finalized, however, the plan has awarded a firm in the search.
The acquisition will advance MIM’s ability to grow its higher yielding private credit offerings.
The college has commenced a search for an investment manager for a portfolio ranging from $10 million to $20 million.
The plan made three follow-on commitments today.
An investment consulting firm headquartered in the Midwest is expanding its presence with offices in Denver and Pittsburgh.
Plan hired a senior investment officer from a state plan farther up the West Coast.
Selected consultant will oversee township’s 457(b), 401(a) and retirement health savings plans.
The county’s current provider will see its contract expire in June.