Kodak Disbands Team Managing $4 Billion Pension Investments

Kodak Tower in Rochester, New YorkPhotographer: Mike Bradley/Bloomberg
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Eastman Kodak Co. is disbanding a team that manages the firm’s $4 billion of pension investments, according to people with knowledge of the matter.

The former giant of the photography world, which now also focuses on manufacturing advanced materials and chemicals, has begun notifying its investment managers that it’s shifting oversight of the pension program to Boston-based NEPC, said the people, all of whom requested anonymity to discuss confidential information.