Texas City Pension System Names Calpers Investment Director as CIO. The move takes out one more investment professional from Calpers, where the CIO quit in September. By Rod James.

The University of Maryland Medical System is devoting 1% of its $1.4 billion investment portfolio to companies and funds focused on closing economic inequality, particularly in Maryland.

Private equity firm RedBird Capital Partners and private markets investment outfit StepStone Group have acquired a majority stake in Talent Systems, a key player in the casting business.. Based in ...