Manager Selection
Texas Municipal Retirement System Hires New CIO From CalPERS
Yup Kim, CalPERS’ investment director of private equity, will join TMRS on January 15.
Tag: CIO
Corporate Moves
T. Rowe Price Promotes Eric Veiel to Head of Global Investments
The current head of global equity will take over the role for CEO Rob Sharps at the start of the new year.
Manager Selection
Kathleen Jacobs Named CIO of RWJBarnabas Health
After stepping down in September from overseeing NYU’s endowment, the investment chief’s appointment to run the $8 billion system is effective in January 2024.
Newsmakers
Illinois SURS CIO Doug Wesley to Retire
A replacement is expected to be named in November to allow for a transition period before Wesley’s departure in March 2024.
Risk
How to Analyze Investments’ Hacking Vulnerability
Can tools like the ISS ESG Cyber Risk score help institutional investors navigate exposure to digital attacks?
Manager Selection
Charles Stewart Mott Foundation Names Nancy Orr as New CIO
Starting the transition on November 1, Orr has more than 20 years of experience in institutional investing.
Newsmakers
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.
Newsmakers
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.
Pensions
Ontario Teachers’ Pension Plan CIO Ziad Hindo to Step Down at Year’s End
The C$249.8 billion pension fund has named Stephen McLennan acting head of investments.
Pensions
New Jersey Police, Fire Pension Seeks CIO, Plans to ‘Dramatically’ Expand Staff
The $31 billion pension fund has also issued an RFP for a custodial services provider.
Asset Allocation
Los Angeles County Pension Fund Returns 6.4% in Fiscal Year 2023
LACERA outperformed its benchmark by 140 basis points to raise its portfolio’s asset value to $73.6 billion.
Corporate Moves
Ariel Investments Promotes Henry Mallari-D’Auria to CIO of Global, Emerging Markets
He will succeed Rupal Bhansali, who is leaving to start her own firm.
Corporate Moves
BNY Mellon Wealth Management Promoting Sinead Colton-Grant to CIO in 2024
Leo Grohowski will retire at the end of the year after 16 years leading the firm’s investment strategy.
Newsmakers
California Pension Fund Names Gaurav Patankar CIO
The former head of Bloomberg’s alternative investment strategy joins the Merced County Employees’ Retirement Association.
Asset Allocation
Fixed Income Makes a Comeback in Sovereign Wealth Fund Portfolios
But the institutional investors revamped their approach to the asset class after it failed to protect them when equities tanked in 2022.