NEWSMAKERS

Wilshire Taps New OCIO Chief

Veteran consultant Mark Brubaker will lead Wilshire’s full discretionary client accounts effective immediately.

IBM CIO Ray Kanner to Retire

Kanner plans to step down early this summer after 23 years with the $150 billion pension fund, CIO has learned.

$5B Hedge Fund Aurora to Liquidate

The Chicago-based hedge fund manager said it would return capital to investors after an acquisition deal fell through last week.