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The authority is seeking an investment consultant for its over $300 million in retirement plan assets.
He was appointed to the role in 2023 for the institutional outsourced cio practice of U.S. Bancorp Asset Management, housed within PFM.
The deal will see approximately $6 billion in assets transferred to MetLife Investment Management.
The plan also received asset/liability stress test results from project-basis consultant Agilis at today’s board meeting.
The hire concludes an RFQ search launched in September.
At least three nonprofit organizations have committed to a venture capital manager’s inaugural fund, which recently closed with more than $60 million in commitments.
The college’s board of trustees decided against a student proposal to divest its endowment from military and surveillance companies.
The firm has promoted two team members as managing directors on its healthcare and investor relations teams.
The firm has named a new president and ceo after hiring a senior managing director within its RIA-focused business.
A senior v.p. responsible for leading the consultant’s Denver office will retire in the first quarter as a fellow senior v.p. at the branch left the organization.