People Moves
The pension plan hired the firm based on its favorable returns, low fees, diversification and low correlation to existing active core-plus fixed-income manager Loomis, Sayles & Company.
The firm’s current cio for public markets will retire at the end of 2024.
The plan also named a new manager at a board meeting earlier this year.
The managing director will join an undisclosed investment management firm.
Firm added to its new Philadelphia office with a managing director hire.
He officially took on the newly created role in April.
The wealth management firm recently acquired three private advisory groups and has added an associate portfolio manager for its U.S. small and small- to mid-cap equity strategies.
The woman- and- minority- owned firm added an operating partner as part of its approach to support profitable companies facing a transformational growth event.
The foundation recently hired its next cio to oversee its investment, cash management and debt management functions.
