Industry News
The firm has launched a new short-duration bond fund focused on decarbonization with a seed commitment from an investment consulting firm, while also making several new appointments within its core multi-strategy business.
The firm has promoted five team members, including two to managing director, as they have contributed to accelerating the firm’s momentum in the space.
She joined the plan last month from the Virginia Retirement System.
The incoming ceo joins from the largest state retirement system.
The foundation has named its next cio following a search for the position as its previous investment head left in last year to join a family office.
Scott Maguire has been promoted to the new role after previously leading investor relations.
The pension plan has agreed to keep its executive director on paid administrative leave through May in order for him to receive “professional development.”
The leadership changes will “support the firm’s ongoing growth and future direction.”
The plan welcomed a pair of senior portfolio managers to its fixed-income team last month.
The new executive director has been with the retirement system for roughly 30 years.