Los Angeles County’s CIO Resigns
David Kushner, two-time member of the Power 100, quit his post at the $48 billion fund as of May 29.
Newsmakers
Is ADIA a Threat to Asset Management?
ADIA has successfully
insourced massive amounts of it portfolio. With its size and clout, does this
spell trouble for the traditional asset management industry?
Lyxor Exec Quits for Hedge Fund Start-Up
Michael Bernstein—who led the French firm’s push into the US—is leaving for a soon-to-launch hedge fund.
Wilshire OCIO Business Names CIO
Steven Foresti, Wilshire Consulting’s chief investment researcher, has been tapped to lead the consulting and OCIO division.
Asset International Bolsters Risk Management, Compliance Roster
CIO’s parent company has acquired a European governance-focussed firm.
NYU Hires Health Care Veteran as CIO
Kathleen Jacobs will join the $3.5 billion endowment from New York-Presbyterian Hospital beginning in August.
Abu Dhabi Staffs Up with US Equity Hire
Internal management is becoming increasingly important for the sovereign wealth fund.
Alcoa CIO Joins Iconoclastic 300 Club
Ron Barin has joined the institutional investor group committed to questioning the status quo.
San Diego County Hires CIO
Stephen Sexauer, former CIO of Allianz’s US multi-asset team, will lead the $10.6 billion portfolio as the fund moves away from OCIO Salient Partners.
New York Life CIO Appointed President
John Kim’s seven-year tenure in charge of investments has landed him the top job at New York Life.
University of Oklahoma Foundation Hires Consultant as CIO
Brad Johnson of Cambridge Associates will join the $1.4 billion endowment this summer.
Pension Corporation Taps Friends Life for New CIO
A Forty Under Forty alumnus is to take the top job at a UK pension insurer.
Integrity Is Still Lost on Wall Street, Survey Finds
One in three financial executives have witnessed unethical and illegal behavior first hand.
For Sale: In-house Pension Investor with £17.5B in Assets
One of the largest pension funds in the UK is to outsource its multi-billion investment portfolio—by selling its internal asset manager.
Connecticut CIO To Resign After a Decade
Deputy CIO Deborah Spalding will step up as interim head of the $29.6 billion public pension fund beginning July 1.