Daily Feed
The treasury has issued its RFP seeking fixed-income investment managers for its $1.6 billion liquidity and $4.4 billion reserve accounts.
The retirement system will also consider hiring managers in its diversifying strategies manager searches this week.
The board recently made private credit and private equity commitments totaling $208.5 million.
The firm appointed a director to oversee the groups responsible for endowment and foundation public and private investments, relationship management and business development.
The plan will interview three firms in a domestic small-cap value equity manager search next month.
The plan will also search for private debt and infrastructure managers later this year.
The investment expands Brown Advisory’s outsourced cio and advisory capabilities and provides broader resources and enhanced infrastructure for RockCreek.
The city received four proposals in response to an RFP issued in January.
The deferred compensation plan also terminated its global large-cap growth equity manager in February.
The plan’s investment committee will recommend up to $60 million across two credit funds at the next board meeting.
