Extensive and timely coverage of the institutional industry.
The plan is seeking a single firm to provide administrative, investment advisory and custodial services.
She has been with the consulting firm for the past 14 years in what has been a total of 35 years in the industry.
The plan hired one international equity manager and terminated three others at this week’s board meeting.
Plan added a real assets commitment to a prior manager relationship this week.
The plan made two commitments totaling $315 million today.
The fund was raised within four months of its launch.
The plan has selected four firms for further due diligence and evaluation.
The plan is seeking a manager to handle a $6 million mandate.
Former Western Asset Management co-CIO Ken Leech appeared in federal court on Monday, where he pled not guilty to charges stemming from a $600m fraud case alleging that he ‘cherry picked’ trades for favored clients over several years.
The new managing directors join from Western Asset Management and Thornburg Investment Management, respectively.