Illinois Police Pension Narrows Private Markets Consultant Pick to Albourne, Callan
IPOPIF plans to allocate 20% of its portfolio to alternative investments, up from no current allocation to these asset classes.
An NAIC report also found corporate pensions and union funds ‘lag significantly’ behind public pensions in hiring diverse managers.
CIO Steven Meier aims to set a ‘powerful example’ that diversity is fundamental to fiduciary duty.
The investment management veteran comes from Cambridge Associates.
Applications for the Prospect Fellowship, which aims to help candidates launch new firms, are due October 14.
The school is shuttering its internal investment office and transferring its duties to management firm Investure.
The event will be among several conferences held in 2024 that focus on emerging and diverse managers.