Pensionmark Creates New Chief Investment Officer Role
Nate Garrison will lead investment strategy for all of the group's financial services companies.
Newsmakers
Wespath Hires New Deputy Chief Investment Officer From Illinois SBI
Johara Farhadieh will succeed Dave Zellner, who plans to retire next summer from the Methodist Church pension and benefits arm.
Wisconsin Economic Development Corp. Hires Senior Investment Director
Greg Williamson will oversee the WEDC’s new Wisconsin Investment Fund.
Samantha DeZur Promoted to Head of BlackRock US Public Policy Unit
The asset manager overhauls the leadership of its federal and state policy advocacy group.
New York Common Signs Political Disclosure Agreements With 7 Firms
State Comptroller Thomas DiNapoli warns that firms ‘that engage in political spending risk damaging their reputations.’
MetLife CIO Steven Goulart to Retire in August
The firm has a mandatory age-65 retirement policy, although it has been waived in the past; several corresponding promotions were also announced.
New Nest CIO Elizabeth Fernando Plans Steady-as-We-Go Strategy
Move into alts, doubts about emerging markets, and criticism of Shell highlight the pension program’s direction.
Fore: Wealthy Saudi Fund, Already Muscling Into Golf, Steps Up in Soccer, Too
Having bought a U.K. football club and lured major players, the kingdom fortifies its homegrown teams financially.
Former Ohio Teachers Board Member Sues Pension, Governor
Wade Steen claims he was illegally removed from the board of Ohio’s State Teachers Retirement System.
Cinctive Capital Management Hires Michael Haddad as Deputy CIO
Haddad was previously interim CIO overseeing the New York City Retirement Systems’ $248 billion portfolio.
CPPIB Acquires 12% Bunge Stake Through Viterra Merger
The British Columbia Investment Management Corp. will also own a minority stake in the combined entity.
Ryanair Settles Lawsuit With Alabama Pension Fund
The airline agreed to pay $5 million to the Birmingham fire and police pension fund but denied any wrongdoing.
Norway’s Sovereign Wealth Fund Backs Shell, Votes Against Chevron, ExxonMobil on Climate Proposals
Fund manager Norges Bank Investment Management sided with Shell in rejecting a proposal to align greenhouse gas targets with the Paris agreement.
Howard Perlow Named Angeles Investments’ 1st CEO
The investment firm also promoted David Brief to head of its OCIO practice.
Danish Pension Fund P+ Names New Managing Director
CIO Kåre Hahn Michelsen has been promoted to succeed Søren Kolbye Sørensen as head of the $21.5 billion fund.