Washington State Investment Board Decreases its Public Equity Exposure
The $202.7 billion Washington State received a notice from its risk management and asset allocation team to raise $700 million in cash
The $202.7 billion Washington State received a notice from its risk management and asset allocation team to raise $700 million in cash
The
investment staff has chosen NEPC as consultant and the final approval will be
given by the board of administration on June 13.
Carlyle
Realty Partners X focuses on acquiring and developing properties in the US with
low correlation to GDP, high operating margins and high tenant retention
Alex
Bacchus has been appointed as the new acting CIO and would be stepping in
Gilmore’s shoes. Gilmore left the fund to serve as CIO at CalPERS, the largest state public pension fund in the United States.
Despite
U.S. large cap outperformed the small cap portfolio, the small cap outperformed
its benchmark by 2.3% in Q1
The
system lowered targets for RE, tactical opportunities and cash, in the recent meeting
Poppy Allonby is the new CIO for Church Commissioners and
will start in September. She succeeds Tom Joy.
Kendrick Lee has taken over
the role of CEO, effective from April 1.
Jean Hsu steps
down after almost 25 years at the largest US pension fund
Anouk van der Boor
will take over as the new CIO for Directors
Guild of America-Producer Pension and Health Plans from July 1.