The plan is searching for an executive search firm to assist with finding replacement to Lou Lazatin, who was terminated.
Alexander Navab died unexpectedly on Sunday while on holiday with his family, his firm said.
The pension system now must publicly disclose the amount it pays in carried interest fees by the end of each calendar year. The first report, due Dec. 31, will include the fees from fiscal years 2015 through 2019, the Baltimore Sun reports.
In asset management, Deutsche Bank’s DWS arm is seen as another of its strong points, Reuters says.
For the first time in over a decade, companies founded solely by women have picked up more than 3% of the total capital invested in VC-backed startups in the US, according to PitchBook’s VC Female Founders Dashboard.
Illinois cannot assume the unfunded pension liabilities of Chicago and other municipalities across the state because its credit rating would be reduced to junk status if it did, Gov. J.B. Pritzker said Monday, the Chicago Tribune reports.
RFPs are a key aspect of asset management firms’ business development and marketing and a successful approach to proposals requires organization and a sufficient allocation of time and resources.
A health benefits trust fund will look to invest $50 million in a new private core real estate manager, meeting materials show.
A Texas pension fund is conducting a search for liquid alternatives managers.