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Cohen & Steers has promoted Daniel Noonan to head of global distribution.
The world’s 500 largest asset managers have reached a record $140 trillion in total assets under management, which new research finds is driven by North America and a shift to passive investments.
The retirement association has concluded an RFP search launched in June.
The program, which will officially launch in 2027, has begun a search for an investment consultant.
The current provider will see its contract expire next year.
The authority rehired the incumbent following searches in 2021 and 2015.
The retirement system bolstered its private equity team with a senior investment analyst.
The firm’s third dislocation fund surpassed its initial hard cap of $4.25 billion.
Co-Founder and Managing Partner Peter Berger has been appointed chair of the firm.