Blue Owl Capital Names Deva Mishra as Head of Insurance Solutions
Effective July 6, Mishra will help build out the investment manager’s insurance platform.
IPERS CEO Greg Samorajski resigned amidst a misconduct investigation, while Chief Benefits Officer Steven Herbert was fired after a separate misconduct investigation.
Plan sponsors’ needs for long-dated bonds and the role of fixed-income managers may change as average liabilities fall to fewer than 10 years.
The decision to outsource investments often faces pushback from investment staff, many of whom soon have to find new roles.