Industry News

A roundup of stories from the institutional investment universe.

Industry News
S.C. CIO Joins Univ. Of Rochester

Geoffrey Berg is heading to the University of Rochester to become senior v.p. and cio overseeing its approximately $5 billion investment portfolio

08.06.25
Industry News
N.H. Taps Private Markets Head

Danita Johnson has joined the $12.6 billion New Hampshire Retirement System as head of private markets.

08.06.25
CalPERS Hires Private Debt Head
Industry News
CalPERS Hires Private Debt Head

Mascha Canio has been named the managing investment director of private debt at the California Public Employees’ Retirement System.

08.06.25
Knight Foundation Adds Director
Industry News
Knight Foundation Adds Director

The John S. & James L. Knight Foundation has hired a director of private investments.

08.06.25
Industry News
Int’l Paper Names Deputy CIO

International Paper has named Craig Wocl as its new deputy cio, according to a posting on his LinkedIn profile.

08.06.25
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
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.”
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
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