The plan is seeking firms without geographic barriers following an asset class restructuring earlier this year.
On this episode of Against Consensus, host Angelo Calvello, PhD, sits down with Luke Hinshelwood, managing partner of placement agent firm Middlemark Partners, to discuss capital raising in the alternatives space.
The retirement system also made a follow-on private equity commitment today.
The authority expects to issue an award notice in January.
The plan’s board had been in a protracted search that had initially seen Verus hired over incumbent Callan and then the search restarted.
The new hire joined the firm from State Street Investment Management.
The senior portfolio manager was with the firm for 32 years.
The pension plan hired a new domestic large-cap growth equity manager last month.
The change will see two named co-ceo, effective Jan. 1.
The retirement plan is seeking a general investment consultant due to an upcoming contract expiration.