Industry News

A roundup of stories from the institutional investment universe.

Industry News
NYC Deputy CIO & PE Head Departs

Deputy CIO and Private Equity Asset Head Eneasz K?dziela departed New York City’s Bureau of Asset Management on June 20

07.02.25
Industry News
North Carolina Governor Josh Stein has signed the 2025 Investment Modernization Act, according to an announcement from State Treasurer Brad Briner’s office. Stein’s signing of House Bill 506 shifts sole responsibility of the investment decisions for the $126.5 billion North Carolina Retirement Systems from Treasurer Briner to a newly created, multi-member investment authority. The North Carolina House passed the bill at the end of April and the authority to manage investments is expected to transfer to the new board beginning on Jan. 1, as reported. North Carolina was one of only three states utilizing a sole fiduciary governance model. The five-member investment authority board will be chaired by Treasurer Briner and be comprised of financial professionals appointed by him, legislative leaders and the governor, according to the announcement, which notes that the board “will rebalance asset allocation and identify strategies to improve the performance and returns of the $127 billion pension plan, which has underperformed for years.”

North Carolina Governor Josh Stein has signed the 2025 Investment Modernization Act

07.02.25
UVIMCO Hires Managing Director
Industry News
UVIMCO Hires Managing Director

The University of Virginia Investment Management Company has hired Jason Chang as a managing director to help oversee public equity assets within its approximately $14.3 billion investment portfolio.

07.02.25
Acansa Names Chief Global Strategist
Industry News
Acansa Names Chief Global Strategist

Acansa Investment Management Group has named Sam Gallo as chief global strategist

07.02.25
Industry News
Spider Management Promotes CIO

Spider Management Company has named Deputy CIO Karen Horn Welch as its next cio.

06.04.25
Industry News
Sanford Health Hires First CIO

Sanford Health has hired Jonathan Grushkin as its inaugural senior v.p. and cio overseeing its approximately $2.3 billion investment portfolio

06.04.25
Strategic Adds Managing Directors
Industry News
Strategic Adds Managing Directors

Outsourced cio firm Strategic Investment Group has added managing directors from a mid-Atlantic retirement system and the investment management arm of an aerospace and defense company.

06.04.25
Utah Fund Selects Deputy CIO
Industry News
Utah Fund Selects Deputy CIO

The Utah School & Institutional Trust Funds Office has hired Angelique Pappas as its next deputy cio.

06.04.25
Industry News
MacArthur Foundation Hires CIO

The John D. and Catherine T. MacArthur Foundation has named Bola Olusanya as its new v.p. and cio to oversee its approximately $8.6 billion investment portfolio.

06.04.25
Industry News
Callan Names West Coast Manager

Callan has promoted Senior V.P. Uvan Tseng to manager of its West Coast consulting team.

06.04.25