MetLife Completes PineBridge Acquisition
The combined business manages about $735 billion in assets.
Newsmakers
New York City Pensions Shelve Recommendation to Rebid BlackRock Mandate, Terminate Fidelity
City Comptroller Brad Lander had proposed the moves, alleging the firms have failed to meet the funds’ net zero plans.
Canada PM Carney Names Investor Mark Wiseman as Ambassador to US
Wiseman has led both the CPPIB and AIMCo and has held several roles at BlackRock.
Northern Trust Shuffles Asset Servicing Leadership for 2026
With the retirement of Teresa Parker, Clive Bellows and Guy Gibson will serve as co-presidents of the unit, and Melanie Pickett will be the chief transformation officer.
Aaron DiCenzo Named CIO of STRS Ohio After Serving on Interim Basis
Formerly the fund’s head of alts, DiCenzo succeeded Matt Worley in March.
Longtime AustralianSuper CIO to Step Down
Mark Delaney announced plans to leave Australia’s largest superannuation fund in June 2026 after 25 years.
Carlyle Taps NEPC’s Bill Ryan as Head of Retirement Solutions
The investment consultant’s defined contribution team leader will join the alts manager in January.
RTX CIO Robin Diamonte to Retire, Deputy Joe Fazzino Named Successor
The long-serving investment head of the aerospace giant will step down in 2026.
NEPC Names Sarah Samuels CIO, Tim McCusker Future CEO
The promotions come as the consultancy celebrates its 40th anniversary.
Steven Meier Named Institutional Vice Chair at Neuberger Berman
The former New York City pension CIO will provide insights and thought leadership in a newly created role.
Prudential Financial Names Matt Armas CIO
Set to start in March 2026, the new hire’s insurance expertise was cited as an important factor.
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.