Newsmakers
Yup Kim Departs TMRS, Deputy CIO Named Successor
The $44 billion Texas Municipal Retirement System turns to Tom Masthay to replace Kim.
David Gavia and staff helped bring the fund back to its glory days during near-decade-long run.
Retirement fund recommends $650 million in investment activity at its last meeting.
Private equity commitments totaled $300 million, part of an effort to boost the asset class.