Virginia Commonwealth University Creates In-House Manager
An industry veteran has been appointed to oversee the launch of the university's new venture.
Newsmakers
Strife Erupts on Proposed Towers Watson Merger
The $18 billion union is far from a done deal.
Harvard VP Leaves for Perella Weinberg’s OCIO
Jameela Pedicini’s departure marks yet another exit from the $38 billion endowment.
Abu Dhabi to Close UK Office
One of the world’s largest sovereign funds is shutting its London hub.
MOSERS’ Rick Dahl to Retire After 21 Years
The CIO 2015 Lifetime Achievement Award honoree will pass on the torch to now-Deputy Seth Kelly next year.
The Canadians Are Coming: Fifth Pension Opens NYC Office
PSP—a $84 billion Canadian pension—is the latest fund to set up shop south of the border.
Korea Investment Corp Chairman Quits
Hongchul Ahn has left the sovereign wealth fund a year before his term was due to end.
UAW Trust Hires S. Carolina Pension Head as CIO
Hershel Harper, recently CIO of South Carolina’s public pension, will succeed Ken Frier.
PIMCO Loses Product Management Chief
Wendy Cupps, one of Bill Gross’ alleged ousters, will retire after two decades at the Newport Beach, California-based firm.
Sunsuper Hires First-Time Asset Owner as CIO
An executive with consulting firm JANA will take the helm of the $23 billion fund.
What Hedge Fund Managers Make in a Bad Year
Investors are on track to lose money in hedge funds this year—and pay managers an average $1 million each for their services, recruiting data show.
Russell Appoints UK Fiduciary Head as Market Builds
A major provider of OCIO has appointed a chief to spearhead its business in the UK and Ireland.
Amundi Targets €2B IPO
Europe’s biggest asset manager aims to float on the Euronext exchange in Paris later this month.
Ontario Teachers’ Ex-CIO Joins Asset Manager
Neil Petroff is now vice-chair of boutique Canadian firm Northwater Capital Management.
Commonfund Hires Former CalPERS, BT CIO
Mark Anson is to lead the endowment and foundation investor beginning next year.