Extensive and timely coverage of the institutional industry.
The retirement fund disclosed eight commitments totaling $1.1 billion in July.
The selected firm will provide non-discretionary management of the city’s safekeeping account.
The senior investment professional will serve in a generalist position and “play an integral role” on the plan’s investment team.
DigitalBridge Group has hired Wendy Pryce as a managing director.
Meridiam has closed its fourth North America infrastructure fund with more than $1.8 billion in commitments.
The plan most recently rehired its incumbent in 2019.
The retirement system conducted a similar search in 2018 that resulted in a manager change.
The hire concludes an RFP process that began in January.
Thoma Bravo will fund the transaction from its balance sheet.
The university recently added core fixed-income allocations with an existing manager as part of its goal to divest its portfolios from fossil fuel exposures.