Daily Feed
The endowment is looking to deploy capital in new impact investments targeting change for the nation’s working forests and forest-reliant communities.
The plan has also terminated an underperforming international equity manager.
The agency’s investment portfolio was previously managed in-house.
The plan has placed a domestic small-cap value equity manager on watch due to consistent underperformance.
The town is seeking investment advisory services for its $17.6 million 457(b) plan.
Kudu Investment Management has made a passive minority investment in farmland investment manager Homestead Capital.
Nicholas Mavro has been named managing director and head of global consultant relations at the global asset manager.
The managing director had been a key person for at least one public pension client.
The firm lifted out an emerging market debt team from Western Asset Management.
The plan added two new hires based in Washington D.C. and Boston, respectively.