Frank Tessier Named CIO of Santa Clara University’s $1.55B Endowment
Tessier succeeds John Kerrigan, who had been CIO since 2002.
News
UN Pension Seeks Deputy CIO
Applications for the role at the $95 billion Joint Staff Pension Fund’s Office of Investment Management are due by March 8.
Harriet Steel Named to Head Nuveen’s Global Institutional Business
Steel, based in London, joins the $1.3 trillion manager from private credit firm Pemberton.
Proposed Kansas Bill Would Authorize KPERS Allocation to Bitcoin ETFs
Senate Bill No. 34 would permit the $27.3 billion Kansas Public Employees Retirement System to invest up to 10% of its portfolio in digital asset exchange-traded funds issued by a Kansas-registered company.
Sanofi, Legal & General Complete $1.74B Annuity Buy-In
The plan’s second transaction with L&G kicks off 2025, which could be another record year for pension risk transfer volume.
UK Explores Reforms Allowing Pensions to Invest Surplus Assets
The changes could unlock $200 billion that could be applied to different projects.
Australia’s Hostplus Names Deputy Co-CIO
The hospitality industry superannuation fund promoted Susan Orr from within.
KKR Names Melissa Kivett as Head of Defined Contribution
The appointment comes during a push for private equity in DC plans.
Johns Hopkins Hires Georgetown’s Mike Barry as CIO
Managing Director Chris Gill will step in for Barry on an interim basis.
European Institutional Investors Remain Wary of Active ETFs, per Report
Only one-quarter of large asset managers are early adopters of exchange-traded funds’ younger siblings.
Sam Waldon Named Acting SEC Enforcement Head
Acting SEC Chair Mark Uyeda named the former acting deputy director as acting director of the division of enforcement.
Dutch Pension Fund Seeks Divestment from BlackRock
PME Pensioenfonds is considering the future of the 5 billion euros it has with the asset manager after it left the Net-Zero Asset Managers Initiative.
Strong US Economy, AI Lead to Positive Outlook for 2025 Markets
Implications of Trump polices on tariffs and immigration remain significant unknowns.
Illinois Police Pension Narrows Private Markets Consultant Pick to Albourne, Callan
IPOPIF plans to allocate 20% of its portfolio to alternative investments, up from no current allocation to these asset classes.
Our Story: Sharpening The Russell Family Foundation’s Philanthropic Tools to Help Drive Transparent Climate Action
CEO Kathleen Simpson explains the philanthropic organization’s method of adopting transparency and accountability.