Fixed-Income

Hedge Funds
Great Lakes Plan Slates Global L/S Mgr. Interviews, Eyes Credit

A Great Lakes pension plan will interview two managers to potentially run a global long/short hedged equity allocation next month, with private credit also on the horizon.

05.29.20
International / Global / Emerging Markets
West Coast Plan Watching Two Underperforming Mgrs.

A California plan is keeping a close eye on two underperforming managers.

05.28.20
High-Yield
Southwest Plan Adds High-Yield Investment

A Southwestern fire pension fund added a high-yield fixed-income investment and eliminated its low volatility equity mandate this month.

05.28.20
High-Yield
Great Lakes Plan Approves HY Fixed-Income Investment

A Great Lakes-based pension plan approved a dedicated high-yield fixed-income investment this week.

05.28.20
Fixed-Income
Rocky Mountain Plan Taps Credit, HY Investments

A Rocky Mountain pension plan approved credit and high-yield fixed-income investments at this week’s board meeting.

05.28.20
Searches And Hires
New England Plan To Issue 4 Manager RFPs

A pension fund in New England is drafting RFPs for four asset classes.

05.28.20
Bank Loan
Midwest Plan Axes Bank Loan Manager; Bolsters PE Portfolio

A Midwestern pension plan terminated its bank loan manager last week.

05.27.20
Daily Feed
Mid-Atlantic Plan Approves TALF Allocation, Investments

A Mid-Atlantic pension plan approved a new dedicated allocation to the Term Asset-Backed Securities Loan Facility program and two investments to fill it at yesterday’s board meeting.

05.22.20
Credit/Private Debt
Texas Plan Swaps Fixed-Income Managers

A Texas pension plan moved a global fixed-income mandate to a distressed credit product this week.

05.21.20
Alternatives
Western University Holding Liquidity, Eyeing Investment Opportunities

A Western university is seeking investment opportunities as it sits on a significant pile of cash across its portfolios.

05.21.20