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The pension plan’s investment committee added two $25 million commitments this week.
The retiree trust fund may terminate an international small-cap equity manager without improved performance to end the year.
The plan hired a new international equity manager to handle a nearly $90 million portfolio at its board meeting last week.
The pension plan has hired a new domestic large-cap value equity manager to handle $375 million.
The contract award concludes a search initiated in January.
The selected firm will provide services for the deferred compensation plan as well as a 401(a) plan.
The plan and the cio mutually agreed to a departure.
The retirement fund had been expected to issue the RFP after exercising two contract extensions with its incumbent.
The firm has hired a head of capital formation and investor relations to accelerate the execution of its strategy to deploy creative financing solutions to the lower middle market.
The firm has added a senior relationship manager within its New York office to leverage its offerings to address client needs.