GCM Grosvenor has hired Michael Albrecht as a managing director in its infrastructure business.
The pension plan will approve its general investment consultant’s takeover of exposure to the private equity manager.
The pension plan placed an international equity manager on watch last month.
The pension fund is seeking open-end core and core-plus real estate managers to handle a total of $33 million.
The plans are seeking administration, investment advisory, actuarial, custodial and related fiduciary services.
The district issued an RFP in February on behalf of its operating and capital non-pension funds.
The firm has added the core fund investing team from Sapphire Partners to expand its U.S. presence.
The district is seeking the services on behalf of its two defined benefit plans.
The acquisition further expands Wealthspire’s institutional business.
The city is seeking non-discretionary portfolio management services for its $1 billion investment portfolio.