US - The $40bn Alaska Permanent Fund Corp., the sovereign wealth fund known for being among the first institutional investors in the US to use a risk-based asset allocation approach, has hired Jay Willoughby as its new chief investment officer.
He will join on 1 November. He was most recently co-managing partner at Ironbound Capital Management, a New Jersey-based hedge fund. Before that, he was CIO for a high net worth programme at Merril...
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