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.
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.