Anthony Johnson resigned as CIO of the Philadelphia Board of Pensions and Retirement, according to a letter he sent to the $4.2 billion fund's money managers. In the letter, Mr. Johnson said he has accepted a position with Franklin Park Associates, a private equity consulting firm. Neither Mr. Johnson nor Bradley Atkins, Franklin Park's CEO, could be reached for further details. Mr. Johnson's last day with the pension fund is Friday; Christopher McDonough, investment officer, will serve as acting CIO; Mr. McDonough said he will handle Mr. Johnson's responsibilities pending the outcome of a search for a new CIO.
Brad Eden joined LCG Associates as a senior vice president working with non-profit clients including endowments and foundations, said Lauren Cangelosi, spokeswoman. It is a new position, and Mr. Eden is opening a new Cincinnati office. He reports to Edward Johnson, president and CEO. Mr. Eden had been CEO of venture capital firm Eden Capital, according to Ms. Cangelosi. She said Eden Capital ceased operating as of Sept. 1; she could not provide further details. Efforts to reach Eden Capital were unsuccessful.
Jeffrey T.S. MacDonagh joined Domini Social Investments as socially responsible investments portfolio manager on the team that will handle the company's new Domini European Social Equity Fund, to be launched Oct. 3. It is a new position. Mr. MacDonagh was assistant portfolio manager at Loring, Wolcott & Coolidge Fiduciary Advisors. He was replaced by Wendy Holding, a high-yield portfolio manager at Wellington Management. Anne Mahoney, Wellington vice president, declined to say how Ms. Holding would be replaced, saying Wellington officials don't disclose staffing information. Amy Domini, CEO of Domini Social Investments, is a partner in Loring, Wolcott & Coolidge.