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A former cio is suing his previous employer under the state’s whistleblower act.
The plan added up to $340 million in commitments to existing private equity and real estate manager relationships.
The plan added up to $1.625 billion in new commitments at last week’s meetings.
The transaction marks iM Global Partner’s ninth partnership.
The plan will target 5% each to the new asset classes.
The plan is looking to replace its current underperforming manager.
Authority has issued yearly RFQ for investment management services.
In a different set of circumstances, Peng Wang might have become a physicist rather than Group Health Foundation’s new chief investment officer.
The recent study continues to see greater participation and transparency among foundations as the nonprofits continued to increase investing with diverse-owned firms.
The plan approved a new asset allocation for its Core Trust Fund yesterday.