Skip to main content
MENU
Subscribe
  • Sign Up Free
  • LOGIN
  • Subscribe
  • Topics
    • Alternatives
    • Consultants
    • Coronavirus
    • Courts
    • Defined Contribution
    • ESG
    • ETFs
    • Face to Face
    • Hedge Funds
    • Industry Voices
    • Investing
    • Money Management
    • Opinion
    • Partner Content
    • Pension Funds
    • Private Equity
    • Real Estate
    • Russia-Ukraine War
    • SECURE 2.0
    • Special Reports
    • White Papers
  • Rankings & Awards
    • 1,000 Largest Retirement Plans
    • Top-Performing Managers
    • Largest Money Managers
    • DC Money Managers
    • DC Record Keepers
    • Largest Hedge Fund Managers
    • World's Largest Retirement Funds
    • Best Places to Work in Money Management
    • Excellence & Innovation Awards
    • WPS Innovation Awards
    • Eddy Awards
  • ETFs
    • Latest ETF News
    • Fund Screener
    • Education Center
    • Equities
    • Fixed Income
    • Commodities
    • Actively Managed
    • Alternatives
    • ESG Rated
  • ESG
    • Latest ESG News
    • The Institutional Investor’s Guide to ESG Investing
    • ESG Sustainability - Gaining Momentum
    • Climate Change: The Inescapable Opportunity
    • Impact Investing
    • 2022 ESG Investing Conference
    • ESG Rated ETFs
  • Defined Contribution
    • Latest DC News
    • DC Money Manager Rankings
    • DC Record Keeper Rankings
    • Innovations in DC
    • Trends in DC: Focus on Retirement Income
    • 2022 Defined Contribution East Conference
    • 2022 DC Investment Lineup Conference
  • Searches & Hires
    • Latest Searches & Hires News
    • Searches & Hires Database
    • RFPs
  • Performance Data
    • P&I Research Center
    • Earnings Tracker
    • Endowment Returns Tracker
    • Corporate Pension Contribution Tracker
    • Pension Fund Returns Tracker
    • Pension Risk Transfer Database
    • Future of Investments Research Series
    • Charts & Infographics
    • Polls
  • Careers
  • Events
    • View All Conferences
    • View All Webinars
    • 2023 Defined Contribution East
    • 2023 ESG Investing
Breadcrumb
  1. Home
  2. Online
May 09, 1997 01:00 AM

SEARCHES & HIRINGS University of Wisconsin System, Madison, seeks...

  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print

    SEARCHES & HIRINGS

    University of Wisconsin System, Madison, seeks money managers in six areas for its $250 million endowment fund, said David M. Konshak, assistant trust officer. For stocks, it is searching for U.S. core and small-cap managers. It also it seeks to fill an active EAFE mandate. In bonds, it seeks U.S. long-term and intermediate-term and non-U.S managers.

    The system could hire more than one firm in each area. It will keep the searches open until May 23 and hopes to make decisions by November. The fund's asset allocation is 57% U.S. equities, 10% non-U.S. stocks and 33% bonds, including up to 10% non-U.S. bonds.

    The incumbents, whose contracts expired, are ANB for active U.S. equities, Babson-Stewart Ivory for EAFE stocks, Firstar for core equities, Lieber for small-cap equities, M&I Investment for intermediate-term bonds and Standish Ayer & Wood for long-term bonds and international bonds. The incumbents, if they choose, will be considered in the searches. No consultant is being used.

    New York Common Retirement System, Albany, selected Oppenheimer Capital to manage a midcap value equity portfolio, said state Comptroller H. Carl McCall.

    Oppenheimer is expected to get $200 million, if negotiations are completed. The fund also put an additional $100 million in Capital Guardian's core EAFE strategy. The firm already runs $640 million for the $78 billion system. Assets for both will come from cash.

    Pennsylvania State Employes' Retirement System, Harrisburg, is putting up to $136 million with three alternative investment firms. The $18 billion fund allocated up to $75 million to Blackstone Capital Partners III for large, private transactions; up to $36 million to the Schroder Ventures European Fund for European partnerships and early stage investments; and up to $25 million to Media/Communications Partners Fund III for media and telecommunications investments. Cambridge Associates assisted.

    Tracor Inc., Austin, Texas, hired GMG/Seneca and RCM Capital to handle $15 million each in small-cap equities, and committed another $15 million to Hicks, Muse, Tate & Furst's buy-out fund. Assets come from Target Investors and Monetta Financial, terminated because of poor performance, and a reallocation, an official of the $370 million fund said. Holbein Associates assisted.

    Bob Zuccaro, president of Target, said the firm has underperformed for the past couple of years. Officials at Monetta were not available.

    Aegon Nederlands NV, The Hague, outsourced global bond and emerging market equities portfolios to PanAgora Asset Management, said Edgar Koning, senior vice president and head of fixed income and equities. Mr. Koning wouldn't give the size of the portfolios. Aegon's insurance assets total 65 billion guilders ($33.3 billion).

    Duke University, Durham, N.C., is adding Frank Russell to the list of six mutual fund vendors offering funds to participants in its 403(b) plan. The five new LifePath manager-of-managers lifestyle funds will be added as soon as they become available, said Coleman Trask, executive vice president. Participants now will have a choice of more than 100 funds.

    Frank Russell will launch the funds in mid-May, creating an off-the-shelf version of the risk-weighted asset allocation strategies it has been providing to financial advisers

    Recommended for You
    martin_luther_king_day_generic_i.jpg
    No P&I Daily on Martin Luther King Jr. Day
    Closed sign
    No P&I Daily over the holidays
    Happy_Thanksgiving_i.jpg
    No P&I Daily for Thanksgiving holiday
    Research for Institutional Money Management
    Sponsored Content: Research for Institutional Money Management

    Reader Poll

    January 25, 2023
    SEE MORE POLLS >
    Sponsored
    White Papers
    The Future of Infrastructure: Building a Better Tomorrow
    Fulcrum Issues: Equity Returns and Inflation — Choose Your Own Adventure
    What Matters Most in Considering a Private Debt Strategy
    Why pursue direct lending in the core middle market?
    Research for Institutional Money Management
    Are Factors a Thing of the Past?
    View More
    Sponsored Content
    Partner Content
    The Industrialization of ESG Investment
    For institutional investors, ETFs can make meeting liquidity needs easier
    Gold: the most effective commodity investment
    2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios
    Ten ways retirement plan professionals add value to plan sponsors
    Gold: an efficient hedge
    View More
    E-MAIL NEWSLETTERS

    Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Today
    December 12, 2022 page one

    Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.

    Subscribe
    Connect With Us
    • RSS
    • Twitter
    • Facebook
    • LinkedIn

    Our Mission

    To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.

    About Us

    Main Office
    685 Third Avenue
    Tenth Floor
    New York, NY 10017-4036

    Chicago Office
    130 E. Randolph St.
    Suite 3200
    Chicago, IL 60601

    Contact Us

    Careers at Crain

    About Pensions & Investments

     

    Advertising
    • Media Kit
    • P&I Content Solutions
    • P&I Careers | Post a Job
    • Reprints & Permissions
    Resources
    • Subscribe
    • Newsletters
    • FAQ
    • P&I Research Center
    • Site map
    • Staff Directory
    Legal
    • Privacy Policy
    • Terms and Conditions
    • Privacy Request
    Pensions & Investments
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • Topics
      • Alternatives
      • Consultants
      • Coronavirus
      • Courts
      • Defined Contribution
      • ESG
      • ETFs
      • Face to Face
      • Hedge Funds
      • Industry Voices
      • Investing
      • Money Management
      • Opinion
      • Partner Content
      • Pension Funds
      • Private Equity
      • Real Estate
      • Russia-Ukraine War
      • SECURE 2.0
      • Special Reports
      • White Papers
    • Rankings & Awards
      • 1,000 Largest Retirement Plans
      • Top-Performing Managers
      • Largest Money Managers
      • DC Money Managers
      • DC Record Keepers
      • Largest Hedge Fund Managers
      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • WPS Innovation Awards
      • Eddy Awards
    • ETFs
      • Latest ETF News
      • Fund Screener
      • Education Center
      • Equities
      • Fixed Income
      • Commodities
      • Actively Managed
      • Alternatives
      • ESG Rated
    • ESG
      • Latest ESG News
      • The Institutional Investor’s Guide to ESG Investing
      • ESG Sustainability - Gaining Momentum
      • Climate Change: The Inescapable Opportunity
      • Impact Investing
      • 2022 ESG Investing Conference
      • ESG Rated ETFs
    • Defined Contribution
      • Latest DC News
      • DC Money Manager Rankings
      • DC Record Keeper Rankings
      • Innovations in DC
      • Trends in DC: Focus on Retirement Income
      • 2022 Defined Contribution East Conference
      • 2022 DC Investment Lineup Conference
    • Searches & Hires
      • Latest Searches & Hires News
      • Searches & Hires Database
      • RFPs
    • Performance Data
      • P&I Research Center
      • Earnings Tracker
      • Endowment Returns Tracker
      • Corporate Pension Contribution Tracker
      • Pension Fund Returns Tracker
      • Pension Risk Transfer Database
      • Future of Investments Research Series
      • Charts & Infographics
      • Polls
    • Careers
    • Events
      • View All Conferences
      • View All Webinars
      • 2023 Defined Contribution East
      • 2023 ESG Investing