Industry News
A roundup of stories from the institutional investment universe.
The $56.1 billion Illinois Municipal Retirement Fund agreed to increase its target for assets managed by minority- and/or women-owned firms last week.
The California Institute of Technology has hired Children’s Health Executive V.P. and CIO Ken Lee as its next cio to oversee and manage its approximately $4.6 billion in assets.
Commonfund OCIO has hired Tulane University Deputy CIO Julia Mord as its cio.
The $11.5 billion Employees Retirement System of Rhode Island named Elizabeth Caldas as its new deputy cio.
Terrill Sanchez, executive director of the $78.6 billion Pennsylvania Public School Employees’ Retirement System, will retire later this year.
Kevin SigRist has returned to his role as cio of the $128.6 billion North Carolina Retirement Systems
The pushback on diversity, equity and inclusion by the federal government, which plans to investigate whether DEI initiatives at several large universities and foundations are illegal, alongside several state governments has left some nonprofit institutions questioning their mission.
Andrew Palmer will retire as cio of the $69 billion Maryland State Retirement & Pension System this summer.
Johns Hopkins University has hired Georgetown University CIO Michael Barry as its next investment head.
Christine Kelleher, former cio of the National Gallery of Art, has joined outsourced cio Strategic Investment Group as a managing director on its client portfolio management team.
This month we have our annual veterans feature in honor of Veterans Day next week.