Illinois Teachers’ Pension to Prioritize Liquidity, Volatility Protection in New Asset Allocation Plan
The fund also made up to $570 million in commitments to new and existing managers.
Manager Selection
Wilshire Releases Diverse-Owned Manager Report
The sixth annual report finds that Wilshire’s diverse clients more than doubled since 2018.
Nest to Replace State Street with Northern Trust as Its Administrator
The UK pension program lauds its new investment firm’s ‘flexibility’ and ‘sophistication.’
BlackRock, Temasek JV Fund Surpasses Target With $1.4 Billion Close
Decarbonization Partners aims to invest in firms that support the acceleration of decarbonization.
New Jersey Division of Investment to Host Emerging Manager Conference
The 2024 New Jersey emerging managers virtual symposium will be held on June 26.
Japan’s GPIF Equity Managers Rate Microsoft, Enel Tops for Climate Risk Disclosure
The software giant and Italian utilities firm received rave reviews for their TCFD disclosures and net zero commitments.
Are Esoteric Asset Classes the New Hedges?
Opportunities are expanding in niche asset classes, from whiskey to art to intellectual property.
Truce Over: Texas School Fund to Ax $8.5B in BlackRock Investments
Despite seeming goodwill blooming with GOP officials in Texas, the asset management firm still draws ire due to ESG considerations.
IPOPIF Searching for Emerging Markets Debt Manager
The fund hopes to find a candidate by September 13.
CDPQ Extends CEO Charles Emond’s Term, Invests in Local Consultant, Japan Solar Plant
Emond, who became CEO in 2020, will remain until at least February 2029.
PBGC Names 6 Firms to Smaller Asset Managers Program
The companies will manage some of the agency’s fixed-income assets.
CalPERS Expects to Hold 1st Interviews for Vacant CIO Position Next Week
The selection subcommittee will meet between January 17 and 19.
London CIV Appoints Aoifinn Devitt as CIO
Moving from a CIO position in the U.S., Devitt’s appointment is effective January 15.
Blackstone Names New Co-CIOs
The promotions of Lionel Assant and Ken Caplan come amid several new asset management appointments throughout the industry.
WTW Promotes David Eisenreich to North America Head of Retirement
Eisenreich has been with the firm since 2005 and replaces the retiring Michael Archer.