Fundraising surpassed the firm’s goal in 10 months with over $500 million in total commitments.
The firm welcomed back a former team member to co-lead its emerging market debt team.
The plan’s investment committee and general investment consultant recommended a manager change following a search presentation earlier in the year.
The city maintains an investment portfolio averaging $40 million comprised primarily of certificates of deposit.
The authority rehired the incumbent following searches in 2021 and 2015.
The retirement system bolstered its private equity team with a senior investment analyst.
The pension system made its third commitment to private credit this year at today’s board meeting.
The retirement system added an investment director to its risk mitigating strategies portfolio team.
The deferred compensation plan had issued an RFP for the services this summer.
The integrated platform unites five established businesses under one platform.