Extensive and timely coverage of the institutional industry.
Plan will issue the RFP next month on its general investment consultant’s website.
Plan is seeking private debt managers to each handle an up to $100 million mandate and approved new asset allocation policies last week.
The new firm replaces Thompson, Siegel & Walmsley, which had been monitored for performance reasons since 2019.
He will help build out the firm’s solutions business as well as contributing to relationships with key institutional clients.
The new group combines the market advocacy and innovation and research team, the financial institutions group and the network management team.
Plan terminated its passive fixed-income manager to improve historical risk-adjusted performance.
He will spearhead efforts to design and deliver products and solutions for alternatives.
She will lead the accounting and finance teams.
FTSE Russell is due to rebalance its stock benchmarks, adding and deleting companies from indexes tied to trillions of dollars of investments.
Supporters vow to come back next year with legislation to force CalPERS and CalSTRS to divest from fossil fuel companies.