The hire follows the retirement of a long-time investment team member.
The cio will oversee approximately $274 billion in assets from five pension systems.
The move to divest U.S. institutional investors from Russian holdings has moved to the federal level.
U.S. pension plans are being called on to review the Russian exposure within their investment portfolios as federal mandates sanctioning Russian financial institutions continue to expand.
Private equity firm Insight Partners has closed its twelfth flagship fund with total commitments in excess of $20 billion, the firm announced.
Investment consultants urge caution in making drastic changes as Russian forces close in on Ukrainian capital.
Pension plan boards and their investment consultants discussed the impact Russia’s invasion of Ukraine will have on the markets and their portfolios.
InHub will join RFP360 division to bring RFP issuers and respondents together on one platform.
The plan is looking to fill an underweight to the asset class within its portfolio.
The plan added a second large-cap value equity manager to diversify its portfolio.