Kevin Huber accepted a four-year contract to become executive director of the $10.8 billion Chicago Public School Teachers Pension & Retirement Fund. Mr. Huber, who was CFO, said he will be evaluating staffing levels and organizational functions, including whether to search for a new CFO. Mr. Huber replaces Michael J. Nehf, who left the fund at the end of 2004 to join the $14.2 billion Georgia Employees' Retirement System, Atlanta, as executive director.
Barbara J. McKenna joined Longfellow Investment Management as a principal and senior investment officer, and John E. Villela joined as a senior analyst, said spokesman Jeff Doran. Both positions are new. Ms. McKenna purchased a 33% ownership stake in the firm from two passive investors, Richard N. Houlding and Gloria Ann Chaban, according to a news release. Ms. McKenna was a director and senior portfolio manager at State Street Research and Management, where she headed the corporate bond strategy. Mr. Villela was a portfolio analyst on SSR's fixed-income team. Both left SSR when it was acquired by BlackRock at the end of January. Longfellow manages more than $1 billion in institutional assets, said Mr. Doran.
Robert Palmeri and Bruno Grimaldi joined the New York office of R.V. Kuhns & Associates as senior consultants, said Ruth Wilson, director of operations. Mr. Palmeri will oversee the New York office and will also be director of East Coast operations. Andrew Liu joined the firm's New York office as a quantitative analyst, she said. The positions are new and part of R.V. Kuhns' focus to expand its regional locations throughout the United States, Ms. Wilson said. Messrs. Palmeri and Grimaldi were senior investment consultants at KPMG, and Mr. Liu was a senior associate with KPMG. Robert Fitzgerald, KPMG spokesman, said the firm does not discuss personnel matters.