Daily Feed
The deferred compensation plan will conduct a search to add a complementary manager to its U.S. bond option.
The retirement system made three private equity commitments for pacing purposes yesterday.
He will join the firm next year from Morgan Stanley Investment Management.
Selected firm will handle services that include developing and implementing sound investment strategies.
The deferred compensation plan elected to remain with its incumbent record keeping and administration provider this week.
The plan’s private markets committee will present two recommendations to the full board later this month.
Thomas Darnowski has been promoted to the role effective Jan. 1.
The new hires will help lead Ceres Partners’ private equity strategy.
The plan recently approved establishing new targets to infrastructure and private credit.
The retirement association will look to fill new targets to non-core infrastructure and TIPS in the first half of 2025.