A Florida pension fund asked its consultant to conduct a search due to performance concerns with its incumbent global fixed-income manager at a board meeting today.
The state pension board was forced to postpone its meeting due to the lack of a quorum as board members dealt with the fallout of the death of an African American man in police custody.
A Florida-based pension fund hired a private credit consultant to assist with implementing its new target to the asset class at its board meeting today.
A Florida general employees retirement system made $10 million in private credit commitments at its board meeting today and will hear from two additional managers at its June meeting.