Private market returns have come down off the highs, but institutional investors are keeping the faith.
Hodel succeeds Elizabeth Burton for his second stint in the role.
Tuesday’s dip, led by Fed anxiety and some bad news, is disquieting.
The underfunded program wants a diversified portfolio that doesn’t underperform in bad times.
Plans for Iowa, Los Angeles County and two other California counties seek class action standing against Goldman and four others.
He succeeds Michael Haddad to become the first permanent CIO of NYCRS since Alex Doñé left in December.