Industry News
The transition stems from the recent leave of absence of its co-cio following recent receipt of a Wells Notice from the Securities and Exchange Commission.
The firm also promoted two to managing director on its investment team and added four managing directors to its operations team.
He has further advanced the firm’s efforts in the software and healthcare IT segments since joining in 2013.
The plan launched a search in January following the departure of its former executive director.
Suzanne Bernard serves as the not-for-profit outsourced cio practice lead at Northern Trust Asset Management, where she works with foundations, endowments and other nonprofit clients. She took the time to answer five questions with FIN News.
The head of U.S. high-yield fixed-income will retire in March after a 30-year tenure with the firm.
The pension plan agreed to keep its executive director on paid administrative leave through September at Friday’s board meeting.
Aon found itself at the center of a date discrepancy stemming from errors in the reporting of investment returns in 2020.
The firm also closed its Secondary Overflow Fund V for secondary co-investment opportunities.