Wespath Hires New Deputy Chief Investment Officer From Illinois SBI ai-cio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ai-cio.com Daily Mail and Mail on Sunday newspapers.
Illinois State Board of Investment, Chicago, plans to launch a search in November for a global factor equity manager to run between $1 billion and $2 billion.
The board, which oversees $23.2 billion in defined benefit plan assets on behalf of three state retirement systems, will likely post an…
Despite strong rhetoric from Gov. J.B. Pritzker and other top state officials demanding public pension funds divest more than $100 million in Russia-based assets, state lawmakers now say they won t act until the Fall veto session.
Despite a public outcry following the Russian invasion of Ukraine, legislation designed to force divestment languished unpassed in the Spring session of the Illinois General Assembly. Lawmakers say they intend to take the issue up again in the Fall.