Defined contribution plan sponsors are shifting their focus back to plan governance and process in an effort to navigate a challenging climate, according to a new survey from investment consulting firm Callan.
The new hire spent the past five years as head of fixed-income research at investment consultant Meketa Investment Group.
The deferred compensation plan is seeking a domestic large-cap value equity manager to replace its incumbent, which has underperformed.
Court Square Capital Partners Fund V is the firm’s largest fund raised to date.
The retirement plan approved a private infrastructure manager search to handle a potential 4% target allocation in December.
The position is under the direction of CIO Anastasia Titarchuk and Deputy CIO Navyug Patel.
The trust added targets of 3% each to listed infrastructure and listed REITs in the fourth quarter.
Robert Behan will focus on expanding the firm’s advisor consulting business.
The city expects to award a contract at its June 3 city council meeting.
The retirement system also approved two private equity commitments today.