Fixed-Income
A Midwestern state pension plan disclosed a hire in a cash overlay search launched in December.
A pension fund in the Mid-Atlantic region has hired a new emerging market debt manager after interviewing three firms.
The plan opted to hire one core manager to handle a $240 million portfolio, replacing its two existing incumbents, at a board meeting yesterday.
A Northeast pension system has initiated a search for managers-of-managers to handle long-only domestic fixed-income portfolios.
A Texas-based pension plan opted for a new manager to fill its maiden emerging market debt allocation after significant changes at last month’s original selection.
A Great Lakes retirement system approved a direct lending commitment at the recommendation of its investment subcommittee at this week’s meeting.
A plan in the Great Plains region added two new firms in a move toward global equities and TIPS at a meeting last week.
A college in the South has issued an RFP seeking a firm to manage its investment portfolio and assist in the development of its investment policy.
Three emerging managers-of-managers will handle a total of $1 billion.
The state plan is putting its $8.3 billion stable value fund option out to bid.