The $8.3 billion Illinois State Board of Investment, Chicago, is searching for a portfolio manager to oversee private equity and real estate managers. Scott Richards, who held the position, was promoted to senior portfolio manager, overseeing publicly traded equities and fixed income, a new position. The fund has 5% of assets in private equity and 7% in real estate.
Both positions report to William Atwood, executive director, who said he hopes the board can fill the position by year's end. Anyone who's interested should contact Mr. Atwood.