Buffett Passes Torch After 65 Years, Offers Advice for Institutional Investors
The Berkshire Hathaway CEO announced his retirement plans at the company’s annual conference, with Gregory Abel to succeed.
Newsmakers
Cbus CIO Brett Chatfield Steps Down
Leigh Gavin will take over as investment chief of the $64 billion superannuation fund.
Wilshire Promotes Jason Schwarz to CEO
The firm’s deputy CEO will take the helm of the investment consultant.
InBC Investment Corp. Searching for CIO
The Canadian crown corporation seeks a successor to Leah Nguyen, its inaugural investment chief.
Nomura Capital Management Hires Ashu Pal to Run Portfolio
To support the new head of portfolio management, the firm plans to hire a vice president of asset-based opportunistic private credit and a private credit investment specialist.
Alexander Dorf named Deputy CIO of Arizona PSPRS
The former UPS pension portfolio manager joins the $23 billion Public Safety Personnel Retirement System.
Nomination Period Still Open for CIO Industry Innovation Awards
CIO is asking for your help in identifying asset owners driving innovation in institutional investing.
Rebecca Carland Named CIO of Knight Foundation
The former Walton family office director will play a role in bringing the endowment’s investment management in house.
NYC Comptroller Vows to Stick With Climate Plan Amid Net Zero Exodus
Brad Lander says ‘we will not be cowed’ by anti-climate change rhetoric.
Larry Fink Calls for ‘Democratization of Investing’
The BlackRock chief, in his annual letter, wrote that he wants more people to become investors and more investors to access the private markets.
Temasek Asset Management Unit Seviora Opens Shop in Abu Dhabi
The new office is the $54 billion firm’s first foray into the Middle East.
Nuveen Promotes Phillips to Global Head of Real Estate
Phillips now oversees a $141 billion portfolio of commercial real estate investments.
Wyoming Seeks a CIO for State Sovereign Fund
The position, in the state treasurer’s office investments division, oversees a team of 10 people managing assets, including about $31 billion in non-pension assets.
CalPERS’ Deputy CIO Dan Bienvenue Leaving in April
The longtime investment staff leader is joining General Atlantic to lead pensions solutions offerings.