Willis Towers Watson Creates Research Uber Boss; Promotes One Other

Willis Towers Watson (WTW) has tapped a new leader for its research operations and promoted one other within the division. The promotions were conferred in a effort to “enhance” the firm’s research offering, and follow other recent senior executive appointments at WTW. Luba Nikulina will take on a new leadership role as head of research, …

Kansas Seeks Deputy Private-Markets Investments Chief

The approximately $20 billion Kansas Public Employees Retirement System (KPERS) in Topeka is taking steps to recruit a deputy chief investment officer-private markets to fill a slot left vacant by the resignation earlier this month of its previous deputy CIO Dean Roney. Roney left the system for family relocation reasons, according to a press release …

So Far, So Good with RE Debt Market: Verus’ Nicolini

John Nicolini, a managing director and senior consultant with Verus, sees no signs that the real estate lending market is declining.  “Lots of capital is still chasing deals from insurance, banks and private capital, he said, adding that “It will likely take a valuation incident to scare debt capital from the markets.” Nicolini, who is …

CalSTRS Names Chief of New Investment Strategy and Risk Unit

The California State Teachers’ Retirement System (CalSTRS) has appointed Geraldine Jimenez as Director of Investment Strategy and Risk, confirmed Scott Chan, CalSTRS’ deputy chief investment officer. The new unit was established in May and is responsible for implementing and monitoring CalSTRS’ overall investment portfolio strategy and risk profile. The new unit’s primary goal is to …

Bruebaker Will Be “Present” in His Retirement

Gary Bruebaker, chief investment officer of the $135 billion Washington State Investment Board (WSIB), will retire on December 20, 2019, after 18 years on the job. Institutional Allocator took the opportunity to speak with Bruebaker about his reasons for retiring and to ascertain the pension fund’s plans for replacing him. The WSIB’s goal is to …

Willis Towers Watson Taps New Leader U.S. Defined Contribution Plan Business

\Willis Towers Watson has appointed Michele Brennan as U.S. Delegated Defined Contribution (DC) Plan Solutions leader, according to a release from the firm. Brennan is based in Chicago and reports to Clint Cary, U.S. head of Delegated Investment Solutions. Brennan has 25 years of experience in various consultant relations, business development, marketing and client servicing …

Texas Tech Seeks Senior Investment Officer

Texas Tech University System endowment (TTUS) is looking to hire a senior investment officer and hopes to make an offer to a candidate by the summer. “We are building out the investment team and are in the process of onboarding two analysts right now,” said Dan Parker, Deputy CIO, Texas Tech University System. The role is a new position at the endowment. The …

NJ Names Investment Director; Considers Cutting Fossil-Fuel Holdings from Portfolio

The New Jersey State Treasurer last week named Corey Amon as the permanent director of the New Jersey Division of Investment (DOI), the state agency responsible for the management of New Jersey’s $76 billion-plus public pension system. Separately, the Division confirmed at its monthly meeting, last Wednesday, that a study of the asset allocation of …

Asset Owner Profile: David Holmgren, CIO of Hartford Healthcare

David Holmgren, CIO of Hartford HealthCare, a hospital fund with $3.3 billion in assets under management, paid a visit to Markets Group’s New York City headquarters just prior to the Thanksgiving break and chatted with Institutional Allocator Reporter Kaitlyn Mitchell. Holmgren opined on the passive versus active debate, international politics and his work-life-balance as a …

Cal. State’s Controller Betty Yee Speaks from her Seat on CalPERS, CalSTRS Boards

Betty Yee, California’s 32nd state controller and chief financial officer, will this week deliver the Breakfast Welcome Address at Markets Group’s 6th Annual California Institutional Forum in Sonoma. Yee is a board member of the $346.8 billion California Public Employees’ Retirement System (CalPERS) and the $219.2 billion California State Teachers’ Retirement System (CalSTRS), the two …