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The retirement system hired two firms to manage its 51% private markets portfolio.
Dillingham Jr. partners with nonprofit organizations across the U.S. to manage and grow their endowments, as well as working with clients on their philanthropic and planned giving objectives.
The plan’s current private markets co-investment manager will see its contract expire at the end of the year.
The plan’s current real assets consultant will see its contract expire this year.
The current executive director has been with the retirement system for a decade.
The fund surpassed its initial target of $2.5 billion.
The retirement plan hired several managers to move toward its new asset allocation policy.
The retirement system is searching for a firm to conduct a one-time asset allocation review.
The retirement fund is scheduled to hear proposed real estate and infrastructure pacing plans at next week’s investment committee meeting.
Kate Thomas has joined CVC Capital Partners as partner and head of North American distribution on its client and product solutions team.