Massachusetts Water Resources eliminates seven manages from fixed-income search

The $492m system could allocate $42m with one or more managers for the mandate

Rheaa Rao 25 mins ago

North Dakota seeking infrastructure managers following consultant hire

The $12.8bn fund also redirected a core fixed-income mandate

Ben Shapiro 29 mins ago

Illinois Municipal commits $650m to real estate

The $40bn fund also committed $25m to a private equity fund, and boosted its commitment to minority managers by $100m

Dietrich Knauth 4 hours ago

News roundup: WSJ follows up on Morningstar investigation

Monday’s financial news roundup

Staff Writer 20 November, 2017

Tennessee Consolidated continues to add to growing PE class

The $42.7bn system hopes to reach its private equity target in three to five years

Ben Shapiro 20 November, 2017

Gaming company selects Prudential as DC provider

The plan for which Prudential was hired has $60m in assets from approximately 1,200 participants

Michael Paterakis 20 November, 2017

KPERS eyes real estate commitment of up to $245m in 2018

The $18.4bn fund allocated $60m to a real estate manager at its most recent board meeting

Rheaa Rao 20 November, 2017

Washington State invests $4bn in private markets

The $120bn fund has allocation targets of 18% to real estate and 23% to private equity

Dietrich Knauth 20 November, 2017

Illinois Municipal taps Memphis CFO as its next executive director

Brian Collins, a Chicago native, will succeed retiring executive director Louis Kosiba in January

Dietrich Knauth 17 November, 2017

Podcast of MMR’s November 20 issue

Listen to the Money Management Report team bottom-line the top stories from the November 20 issue

Editorial Staff 17 November, 2017

Chicago Teachers hires new fixed-income manager, terminates incumbent

The $11bn system is shifting to another index for fixed income and didn’t want to transfer its incumbent Northern Trust’s mandate to the new index

Rheaa Rao 17 November, 2017

Virginia system commits over $1bn to credit strategies, private equity

Capital for the biggest commitment — $1bn to a direct-lending strategy — will be deployed over four years

Rheaa Rao 17 November, 2017

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