P&I Daily

Issue Date: Friday, September 28, 2012

News

• Bank of America settles pension fund lawsuit over disclosure

• PBGC to take over Menninger Foundation pension plan

• U.K. details plans to revamp LIBOR procedures

• Gundlach’s $10 million in art recovered; 2 suspects charged

• Report details State Street overcharges on Irish transition assignment

• Florida Retirement System mulls lower return assumption

People

• J.P. Morgan picks managing director for multiasset group

• Hewitt EnnisKnupp names exec for institutional advisory solutions unit

• Executive search firm adds Europe money management specialist

Searches

• Alaska Permanent on the hunt for domestic large-cap equity firms

• Tennessee to add emerging markets equities, strategic lending

• San Jacinto College puts out call for investment manager

Hires

• Pennsylvania Schools targets more than $1 billion in commitments

• Ohio workers comp fund commits $950 million to real estate

• Northern Trust shuffles large-cap equity, high-yield subadvisers

• Ohio Public Employees invests $170 million with 2 hedge funds

• Michigan Municipal heads Down Under for farmland hire

• Ohio Schools makes first move into local currency emerging markets

• Terra Foundation makes first mezzanine debt pledge

• Palm Beach taps sole consultant for town's retirement plans

• Florida Prepaid assigns 529 plan money to 2 firms

• Franklin plan hires Hamilton Lane for secondary private equity

RFPs

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