Northern Trust Wealth Management Names Family Office CIO
Beata Kirr will oversee investment strategy for the firm’s global family office unit.
Newsmakers
PGIM Hires New Insurance, Partnerships Leader
Brian Towers, formerly of Blackstone, will lead a team designing offerings to meet the complex needs of specialized investors.
Australia’s SWF Names New Investment Head
Richard Brandweiner, the chair of Impact Investing Australia, will take over as CIO of the country’s Future Fund on July 1.
Despite Private Credit Worries, Insurers’ Demand for Alts Remains Strong
Insurers are looking to expand their investments in asset-based finance assets and other investment-grade opportunities, according to AllianceBernstein’s CIO for insurance.
Niall O’Sullivan Named Global CIO at Mercer
O’Sullivan will succeed Hooman Kaveh in the position on May 1.
TIFF Taps Former Columbia Endowment COO as New Operations Chief
Julius Mercado joins the outsourced CIO specialist, overseeing fund operations, portfolio reporting and data and analytics.
Former Regional Director to Return to SEC as Head of Enforcement
Securities lawyer David Woodcock will return to the Securities and Exchange Commission to lead the division, effective May 4.
Mercer Reshuffles Senior Investment Leadership to Drive Client Impact
The firm created and filled the new role of CIO for global alternatives and named a US CIO, as well as a global head of multi-asset and head of investment partnerships.
Morgan Stanley’s OCIO Boss Sees Scale, Differentiation Supporting Growth
Sona Menon, Morgan Stanley Wealth Management's head of OCIO, says growth is strong among retirement, high-net-worth, endowment and foundation clients, with growing interest from insurers.
MetLife Investment Management Hires New Head of Real Estate, Agriculture From Blackstone
Beginning in October, Andrea Drasites will lead $108.9 billion in real estate investments at the asset manager.
IPERS Executives Placed on Administrative Leave Following Misconduct Allegations
Iowa Public Employees’ Retirement System CEO Greg Samorajski and Chief Benefits Officer Steven Herbert are the subjects of separate investigations.
Where Stonepeak Sees Opportunity in Infrastructure
The specialist investor is putting money to work and taking a long-term approach, according to co-president Jack Howell.
TIFF Promotes Trevor Graham as Co-CIO
The firm's head of equity and deputy CIO will join Jay Willoughby in the joint role.
Monte Tarbox Named Permanent CIO of $316B NYC Retirement System
Tarbox had served in an interim role since January, following the departure of CIO Stephen Meier.
AlTi Global Names CIO Nancy Curtin as Interim CEO
The $93 billion multi-family office is planning a leadership transition in which CEO Michael Tiedemann will step back into an advisory role.