People Moves
New England Plan Names Deputy CIO; Hires From LACERA

The retirement plan also hired a new principal investment officer of real assets.

08.07.25
Credit/Private Debt
Calif. Pension Eyes European Credit Mgr. Hires

The retirement association also terminated an emerging market fixed-income mandate at today’s board meeting.

08.07.25
People Moves
Marblegate Adds Managing Director

The firm has hired Suleman Lunat as a managing director.

08.07.25
Industry News
NEPC Releases Inaugural Private Markets Report

Institutional and individual investors are continuing to embrace private markets strategies in search of diversification and higher returns amid ongoing market volatility and geopolitical uncertainty, according to a new report.

08.07.25
International / Global / Emerging Markets
Northeast Plan Taps International Equity Mgrs.

Four total firms were interviewed in May for the mandate.

08.07.25
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Domestic Equity
Pacific Northwest DC Plan Replaces Large-Cap Growth Mgr.

The deferred compensation plan hired a passive domestic large-cap growth equity manager to replace an active mandate last month.

08.07.25
Administrator - Bundled
Pa. Township DC Plans Seeking Bundled Services

The township is seeking record keeping, investment management and education services on behalf of its deferred compensation plans.

08.07.25
In The News
Charley Ellis: Indexing Is a Marvelous Gift

The noted author, consultant, and academic on the virtues of simplicity, the challenges facing active managers, and why he would stay away from investing in private capital.

Morningstar
Emory braces for a big tax increase on endowment after Trump bill

Emory University is anticipating a multimillion-dollar increase to its tax bill this year, which could mean less money for research and student scholarships.

The Atlanta Journal-Constitution
EXCLUSIVE: SEI Explains Its Wealth Management Play

Just over a week ago, Pennsylvania-headquartered SEI purchased a majority stake in Stratos Wealth Holdings for $527 million. FWR asked SEI’s CEO and other senior figures about the reasons for the deal, the outlook for wealth advisory, and more.

Family Wealth Report
Columbia set to avoid ‘Big Beautiful Bill’ endowment tax hike

Columbia will likely avoid the 1.4 percent endowment tax that it could have been subject to under the newly reformed endowment tax tier system introduced in President Donald Trump’s tax and spending bill.

Columbia Spectator
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