Daily Feed
The retirement fund is conducting the search due to underperformance from its incumbent domestic large-cap value equity manager.
The role has been vacant following the promotion of the former deputy to cio last year.
The retirement plan terminated a global macro hedge fund manager in the first quarter.
The retirement system committed to the next fund in a series after its last commitment to the manager in 2022.
The plan hired its current investment consultant following its last search for the services in 2021.
On this episode of Against Consensus, host Angelo Calvello, PhD, sits down with Waymond Harris, CFA, Senior Vice President and Treasurer of Blue Cross Blue Shield of Michigan and President of Bricktown Capital.
The pension plan has been with its current consultant for over 10 years.
GoldenTree Asset Management closed its second private credit fund at its hard cap of $2.75 billion.
The utilities board has worked with the incumbent provider since 2019.
The pension plan has issued an RFP seeking a general investment consultant.
