Prudential Financial Names Matt Armas CIO
Set to start in March 2026, the new hire’s insurance expertise was cited as an important factor.
Newsmakers
Mercer Seeks New US CIO
The firm is also looking to hire a new head of North American infrastructure.
Nature Conservancy Nabs New CIO From ASU Enterprise Partners
Jeff Mindlin will join the conservation group in mid-December.
HESTA’s Dianne Sandoval Named CIO of Maryland SRPS
The superannuation executive will succeed retired Chief Investment Officer Andrew Palmer at the Maryland State Retirement and Pension System.
RBC Asset Management Promotes Stu Kedwell to Global CIO
Kedwell will succeed the retiring Dan Chornous, effective January 31, 2026.
Steyer Takes Leave From Climate Fund to Run for California Governor
The billionaire co-chair of Galvanize Climate Solutions and founder of Farallon Capital will make a bid to succeed term-limited incumbent Gavin Newsom.
Truist Launches Institutional Capital Group
The team, which will cover middle-market private equity sponsors and family offices, will be led by Chris Jackson.
Panama Sovereign Fund CIO to Step Down
Abdiel Santiago will leave the Fondo de Ahorro de Panamá on December 4 as part of a planned leadership transition.
Why This Consultant Is Doubling Down on Sustainability
Max Messervy, a former Mercer director, founded his independent firm, Oakledge Advisors, to help asset owners and other investors navigate climate strategy.
Puneet Kohli Named CalSTRS Investment Director of Risk-Mitigating Strategies
Kohli previously held positions at multiple Canadian funds.
Texas ERS Promotes for Director of Private Real Estate
Simon Mok had been a portfolio manager on ERS’ private real estate team.
Australia’s Aware Super Appoints New CIO
Simon Warner, its current head of portfolio management, to take over on December 1.
Australian Food Superannuation Fund Names New CIO
Richard Dinham was hired to fill the role permanently after a five-month consulting term.
Brown Advisory Names Nick Kirrage to Lead Global Equity Strategies
The former Schroders fund manager will help expand the firm’s global equities platform.
Steven Meier to Depart as CIO of NYC Pensions
The investment chief of the city’s Bureau of Asset Management is leaving November 7 for an unspecified new opportunity.