Virginia Retirement System picks Windham Capital as strategic partner
The Richmond-based Virginia Retirement System has chosen Boston-based Windham Capital Management as a strategic partner, managing $200 million.
Windham will manage the money under its “risk regime” strategy, a risk-based, multi-asset class portfolio.
“We are honored to be selected by a prestigious institution like the Virginia Retirement System,” Mark Kritzman, the founder and CEO of Windham Capital Management, said in a statement.
“We believe our unique approach to risk management and asset allocation will add value to the system and look forward to working with members of the investment team and investment committee to cultivate the strategic partnership,” he said.
The partnership is part of an initiative, called the Innovation Fund, recently begun by the retirement system. The Innovation Fund focuses on finding unique sources of return and identifying new ways of looking at risk.
Founded in 1988, Windham Capital is an independent asset management firm that focuses on risk-based investment solutions.