Dipesh Mehta has been named the new executive director and cio of the $24.8 billion Illinois State Board of Investment.
Christopher Ailman, cio of the California State Teachers’ Retirement System, will retire later this year.
Walter Global Asset Management has acquired a minority stake in Madryn Asset Management, the firm announced.
Sustainable investment platform Capricorn Investment Group has made a strategic minority investment in minority- and woman-owned middle market private equity firm SER Capital Partners, the firms announced.
Timothy Reese has been appointed secretary of the $3 billion Pennsylvania Municipal Retirement System.
Lisa Lambert has joined the $5 billion George Kaiser Family Foundation as its new cio for private markets.
The $215 million Marlborough (Mass.) Contributory Retirement System has hired Mark Bingle as its new executive director.
The $246.3 billion New York State Common Retirement Fund terminated two women-owned investment managers in the fourth quarter.
