The state is seeking an investment consultant to advise and monitor its optional retirement programs.
The senior investment analyst will be involved in all phases of the investment process, from sourcing to funding, with a special focus on quantitative data analysis and ad hoc reporting.
The office has issued an RFP seeking an investment advisor for its roughly $40 billion in assets, including its 529 programs.
Erika Murphy, portfolio manager in Fidelity Investments’ Global Institutional Solutions group, took the time to answer 5 Questions with FIN News, plus a few extras.
The company announced the establishment of a sizeable endowment for its foundation, which will be handled by the company’s asset management arm.
The outsourced cio added a managing director at a prominent investment consulting firm to serve as a senior principal and lead its venture capital investing, including heading venture investment research.
The fund added commitments to private equity, real estate and private debt funds with existing managers within its portfolio in the second half of 2025.
The system approved removing a diversifying strategies investment and adding a public equity investment with a new manager within its endowment and liquidity pools this month.
The firm closed its debut fund with more than $150 million in committed capital from a diverse group of institutional investors to exceed its initial fundraising target.
The global manager added a head of ETF strategy to focus on supporting the continued development and expansion of its active exchange-traded fund platform.