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The system will consider asset allocation changes for one of its portfolios, shifting it toward global equity and emerging markets small-cap equity and away from international equity and domestic equity, at a meeting this week.
The institution approved a commitment to a private equity fund focused on the intellectual property of musical artists in August.
Firm’s new global institutional client group head joins next quarter from BlackRock.
The current consultant will see its contract expire next year.
The new position will lead distribution at the energy and infrastructure focused manager.
The deferred compensation plan replaced its international large-cap value equity manager yesterday due to underperformance.
The upcoming search complies with standard state procurement laws.
The pension plan approved a new asset allocation policy that introduced a new asset class and eliminated two existing asset classes last week.
The pension plan made a $20 million credit commitment in the third quarter.
The two retirement systems will “address the issue again” in November.