Gary Mattingly retired as general manager of the $10 billion Los Angeles Fire & Police Pension System, effective Friday. Mr. Mattingly will return within the next two weeks to work until system officials select a replacement, said Tom Lopez, CIO. An RFP has been issued for an executive recruiting firm to help find a new general manager. The RFP is available from the fund's website, www.lacity.org. Proposals are due Dec. 15.
Mark Beveridge, executive vice president, portfolio management/research at Templeton Investment Counsel, and William Howard, an executive vice president, recently resigned, confirmed Bill Weeks, spokesman. Messrs. Beveridge and Howard led the Templeton Global Opportunities Fund team, along with Guang Yang, vice president and portfolio manager. Mr. Weeks would not provide information about Templeton's plans for replacing the two. Messrs. Beveridge and Howard, who did not return calls requesting comment, will soon join Goldman Sachs Asset Management's international equity team, according to a source who did not want to be identified. Andrea Raphael, spokeswoman for Goldman Sachs Asset Management, also did not return calls.
Seizert Capital Partners is looking for an experienced marketer to help maintain and build consultant relationships with institutional investors, said CEO Gerry Seizert. Mr. Seizert hopes to hire someone for the new position by March. The large-cap core equity firm has $700 million in assets under management, including $560 million for institutional clients.