Union taps investment director
Enos Throop Jr. was appointed director of investments for the United Mine Workers of America Health & Retirement Funds, Washington. He replaces Charles S. Stephens, who retired earlier this year.
Mr. Throop had been senior investment adviser at the UMWA Health & Retirement Funds.
John Strauss will retire from Barrow, Hanley, Mewhinney & Strauss at the end of January. Mr. Strauss was one of four founders who created the Dallas firm in 1979.
He will not be directly replaced, said co-founder Tim Hanley.
During the past year, Mr. Strauss' accounts have gradually been transferred to other staff, Mr. Hanley said.
Laurnz A. Swartz was named executive director of the $2.1 billion Fairfax County Retirement Systems, Fairfax, Va. Mr. Swartz, who retired as a vice president of retirement administration with Prudential Asset Management, Newark, N.J., in 1996, replaces Jeanne M. Carr, who quit several months ago.
After retiring from Prudential, Mr. Swartz was vice president of technology services for Diversified Records Services.
Don McCorry, who served as acting executive director for the county system in the interim, has resumed his position as retirement administrator.
Matthew Siegel was appointed assistant treasurer, North America, at Joseph E. Seagram Co., New York. Among other duties, Mr. Siegel will oversee the $800 million U.S. pension fund. He previously served as vice president and managing director at Seagram Finance in London.
He replaces Susan Yoss, who left to pursue other interests, a Seagram spokeswoman said.
William Morris has been appointed deputy executive director-investments and compliance for the Fire and Police Pension Association of Colorado, Englewood. Mr. Morris formerly served the association as deputy executive director/general counsel.
Replacing him is Laura Harper, formerly an assistant general counsel with the Public Employees Retirement Association of New Mexico.
Barbara Bigelow, director of fiscal affairs for Northampton County, Pa., will probably leave her post in January.
Ms. Bigelow oversees the $155-million Easton-based employees' retirement fund. She cites the change in county administration that is scheduled to take place at the beginning of the year as the reason for her departure.
She has not made public her future plans.
Her successor has not yet been named.
Dennis D. Spice, a former executive director of the State Universities Retirement System of Illinois, Champaign, co-founded Open Prairie Ventures, Champaign, a venture capital firm seeking to fund Midwestern technology companies.
The firm seeks to raise up to $50 million and will focus on companies located within 250 miles of Champaign.
Mr. Spice left the university system in 1995.
Sol Raso will leave his position as director of real estate for the $23 billion Public Employees Retirement Association of Colorado to become vice president, client relations, in real estate manager RREEF's Chicago office at the beginning of the year.
The position is new.
A replacement at the Denver-based pension fund has not been selected, a spokesman said.