The state is now required to only consider pecuniary factors that exert a material effect on the financial risk or the financial when making investment decisions.
The new chair serves as ceo and executive director of a global asset management firm.
Investment is structured as a co-investment alongside the Princely Family of Liechtenstein.
The new firm will focus on private equity, credit and insurance solutions.
The acquisition will advance MetLife’s ESG investment and reporting capabilities.
Head will oversee the firm’s global equity, emerging markets, Chinese equity and Asia-Pacific equity teams.
The acquisition of the manager, which has $600 million in assets under management, closed on June 30.
The new trustees include the co-founder of an Asia-focused real estate investment firm.
FIN News recognized for excellence in journalism for the third year in a row.
The firm will now be based in a Southern state after originally operating out of Boston.