Daily Feed
The firm has expanded its executive leadership team by promoting three v.p.s to head of client development, head of human resources and office services and general counsel.
Plan’s previous deputy director was promoted last quarter.
The retirement plan’s incumbent consultant firm lost a senior v.p. last month.
Domain Timber Advisors made a series of leadership changes effective Jan. 1.
The authority is seeking an investment consultant for its over $300 million in retirement plan assets.
He was appointed to the role in 2023 for the institutional outsourced cio practice of U.S. Bancorp Asset Management, housed within PFM.
The deal will see approximately $6 billion in assets transferred to MetLife Investment Management.
The plan also received asset/liability stress test results from project-basis consultant Agilis at today’s board meeting.
The hire concludes an RFQ search launched in September.
At least three nonprofit organizations have committed to a venture capital manager’s inaugural fund, which recently closed with more than $60 million in commitments.