The Council of institutional Investors has tapped Deputy Director Amy Borrus to succeed Ken Bertsch as executive director when he retires in August 2020, the organization announced.
The plan’s governance committee gave first approval to a plan that reduces the size of the investment committee and the number of meetings at its Aug. 20 meeting.
The hedge fund firm will change its name to Sculptor Capital Management next month as it looks to put a foreign bribery scandal behind it, CIO reports.