New CIO for California’s Kern County to Start Monday
Fund’s investments had been managed by consultants since August.
Manager Selection
CalSTRS Vexed over Plan Aimed to Promote Diversity Among Fund Managers
CIO aims to fix program that hired young, female, and minority managers, whose returns are sub-par.
CDPQ to Expand In-House Private Equity Team
Pension aiming to cut outside PE costs, boost Singapore office.
Organizational Changes, New Roles Created for Australian Future Fund
Changes made to simplify structure, focus on performance.
Former Congressman Named Chair of POWER Pension Coalition
Lack of Congressional reform could tank 100 multiemployer plans.
South Korea Pension Fund Launches CIO Search
Third-largest pension fund has been without permanent CIO since July.
CalSTRS Expands ESG Program, Approves Seven New Money Managers
Firms eligible include Al Gore’s Generation Investment Management.
McCormick to Become CEO of BAAM
J. Tomilson Hill will become chairman of Blackstone Alternative Asset Management.
CalSTRS’ Ailman Gives BlackRock’s Fink an “Ovation”
Larry Fink’s letter to business leaders calls for higher ESG standards and better board communication.
What Lured Pellegrino?
Recruiters say Pellegrino’s choice demonstrates a trend in more crossover CIO hires.
Exclusive: Karyn Williams Leaves Two Sigma
Williams was hired in 2016 as the hedge fund’s first head of client solutions.
Mercer Announces New Global Wealth Business President
Ferland, Haderer to co-lead firm’s global health business.
Okla. Teachers Selects Northern Trust to Manage Index Portfolios
BlackRock and Rhumbline Advisers were among the finalists considered.
CalPERS Seeking Global Equity, Private Equity “Transition” Managers
Pension looking for successful early-stage managers who no longer fit its “Emerging” category.