Newsmakers
CaLSTRS’ Scott Chan Appointed to FCLTGlobal Board
The long-term-investing-focused nonprofit added multiple senior members to its board.
The fund’s deputy CIO will step up to replace the long-tenured Chris Ailman.
Hundreds of millions in cost savings could be at stake, but building additional external capabilities won’t be easy.
The $224.9 billion fund poaches a top talent from the University of California Regents.