New Orleans SWB Hires Six Managers for $96M Active Equity, FI Mandates

The Sewerage and Water Board (SWB) of New Orleans recently approved a total allocation of $96M to six activity equity and fixed income managers as it concluded its investment manager searches, per media and agenda materials from its board meeting on January 14. 

The pension unanimously voted to allocate $60M to Loop Capital Fixed Income Core Plus, $10M to Earnest Partners Mid Cap, $6M each to Mesirow and Channing Small Cap Value, and $7M each to GQG Partners International Emerging Markets and Ts&W International Small Cap. General consultant Marquette assisted the pension in discussions and candidate evaluation.

As of the latest Dakota data, the Louisiana-based public utilities pension manages total plan assets valued at $262M.

New call-to-action

Written By: Dakota

logo-1

The Database For Cold Outreach to Reach Institutional and RIA Investors