Favorable Economic Conditions Fuel Q3 Rise in Annuity Sales
Registered index-linked annuity sales hit a new quarterly record at $12.6 billion.
Newsmakers
No Reason Given for Departure of Investment Chief at Yale New Haven Health
Finance veteran Scott Lupkas, on the job just 21 months, had been at Raytheon and the UAW.
CEO of UK’s Pension Protection Fund to Depart by Year’s End
Oliver Morley will become CEO of the U.K.’s Money and Pensions Service.
LA County Pension Seeks Senior Investment Officer for Real Estate
The $77 billion pension fund is also looking to hire an investment officer for corporate governance and stewardship.
GuideStone Financial CIO David Spika to Retire at End of Year
Public investments director Brandon Pizzurro will succeed Spika to oversee the faith-based firm’s $20.2 billion in AUM.
University of Minnesota CIO Stuart Mason to Retire in Early 2024
Mason has served as CIO for 21 years, and a selection process for his successor is underway.
Illinois SURS Looking to Hire New CIO
The $22.6 billion pension fund is also seeking investment analysts for fixed income, equities and real assets.
2023 Asset Owner Industry Innovation Award Finalists Announced
On December 5, CIO will recognize the allocators driving change and enhancing performance in institutional investing.
2023 Asset Management & Servicing Industry Innovation Award Finalists Announced
CIO will recognize firms driving change and enhancing performance in institutional investing on December 5.
Private Equity Women Investor Network Names Emily Mendell Executive Director
Mendell brings three decades of leadership in venture capital and private equity.
PGIM Investments Appoints Carlino Global Head of Alternative Investments
The former alts leader at Merrill Lynch will assume a newly created position at the firm.
Mark Baumgartner Will Join Dalio Family Office as CIO
Baumgartner has been CIO of the Carnegie Corp. of New York since 2020.
Canada Pension Plan Promotes Manroop Jhooty to Head of Total Fund Management
Jhooty will lead the team responsible for implementing the C$575 billion pension fund’s investment framework.
New York Common Pension Fund Looking to Hire Senior Investment Officer
The position will report to the director of emerging managers, while the pension giant is also seeking an assistant counsel for investments.
David Okamoto Appointed CIO of Hawaii Health Benefits Fund
The 2023 NextGen honoree moves from the Hawaii Employee Retirement System.