Aviva Investors has made two senior hires on its distribution team in the Americas as it looks to expand its capabilities in the region.
The plan is seeking a firm to provide record keeping and administration services.
The RFQ has been issued ahead of the incumbent’s contract expiration and the process will likely turn into a formal RFP.
The plans are seeking a full range of investment, custodial and record keeping services.
Geert Henckens has been named global head of private fixed-income at MetLife Investment Management.
The plan terminated a $315 million international small-cap equity mandate due to long-term underperformance.
The new manager replaces an underperforming incumbent that was also terminated due to organizational concerns.
The retirement system has issued its RFP seeking a U.S. small- to mid-cap equity manager to handle approximately $60 million.
The firm will provide services for the city’s $235 million long-term investment and roughly $22 million debt proceeds portfolios.
The firm raised the fund in a single closing and completed less than five months after its launch.