Fund’s investments had been managed by consultants since August.
CIO aims to fix program that hired young, female, and minority managers, whose returns are sub-par.
Pension aiming to cut outside PE costs, boost Singapore office.
Move follows growing in-house management trend.
Changes made to simplify structure, focus on performance.
Lack of Congressional reform could tank 100 multiemployer plans.
Third-largest pension fund has been without permanent CIO since July.
Firms eligible include Al Gore’s Generation Investment Management.
J. Tomilson Hill will become chairman of Blackstone Alternative Asset Management.
Larry Fink’s letter to business leaders calls for higher ESG standards and better board communication.
Recruiters say Pellegrino’s choice demonstrates a trend in more crossover CIO hires.
Williams was hired in 2016 as the hedge fund’s first head of client solutions.
Ferland, Haderer to co-lead firm’s global health business.
BlackRock and Rhumbline Advisers were among the finalists considered.
Pension looking for successful early-stage managers who no longer fit its “Emerging” category.