The Wyoming Retirement System, Cheyenne, hired Goldman Sachs as transition manager for $300 million in assets being moved to active international equity manager Julius Baer from terminated manager Putnam Investments, said Harry Wales, deputy director. Putnam, which ran about $340 million for the $4.9 billion plan, was terminated earlier this year but was allowed to rebid. The remaining $40 million will go to an open-end core real estate fund run by Prudential Financial, which the plan hired last August, Mr. Wales said. Mellon HR and Investor Solutions assisted.
Transition manager hired by Wyoming system
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