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The $71.4 billion New Mexico State Investment Council has named Kristin Varela as its new cio, according to an announcement.
Kelly Swiatek Finegan has joined utility company Exelon as managing director of investments, she announced in a LinkedIn post.
The $3.9 billion Baltimore City Fire and Police Employees’ Retirement System has hired Brandon Daniels as an investment analyst, Executive Director Robert Holley said.
Monte Tarbox has been named the new cio of the New York City Retirement Systems, according to an announcement from City Comptroller Mark Levine.
The Marguerite Casey Foundation added new diverse managers to its approximately $850 million portfolio as it surpassed its goal of allocating half the portfolio to such firms.
The $61.8 billion Illinois Municipal Retirement Fund made a $35 million diverse manager commitment at last week’s board meeting, the plan announced.
The $14.7 billion Cook County (Ill.) Pension Fund was expected to hire manager-of-managers Bivium Capital Partners last month.
The fund has issued its RFP for non-core real estate investment managers.
Ours is a world rapidly turning to outsourced over in-house labor. This is not a new trend as big corporations have been outsourcing work for years. However, it has affected other markets, and the finance industry is not an exception.
Sameer Mathur has joined Kain Capital as a partner, the New York-based private equity firm announced.
