Industry News
A roundup of stories from the institutional investment universe.
Pennington Partners & Co. hired former Bryn Mawr College Director of Investments Wendy Xu as a managing director of private markets last month.
Swarthmore College has promoted Frank Grunseich as its new cio to oversee its approximately $2.7 billion endowment,
The $3.2 billion Baltimore City Fire and Police Employees’ Retirement System has hired Issa Frampton as its new senior investment officer
Mikaylee O’Connor has joined investment consultant NEPC as principal and head of defined contribution solutions
Crewcial Partners has hired Albert Lim as a senior investment consultant.
The Florida State Board of Administration has named Lamar Taylor as its permanent cio.
Investment consulting firm NEPC announced the official opening of its London office.
Overall, 350 products were considered. Managers were ranked based on the following criteria: excess returns over the benchmark, performance versus peers, product asset growth and product asset percentage growth and information ratio.
Christopher Ailman, cio of the California State Teachers’ Retirement System, will retire later this year.
Timothy Reese has been appointed secretary of the $3 billion Pennsylvania Municipal Retirement System.
This month, we have our annual feature on military veterans in the asset management industry.