Daily Feed
The deferred compensation plan replaced its domestic large-cap value equity manager last quarter.
The new ceo has been with the retirement association since 2021.
The fund closed at its hard cap with $616 million in total commitments, surpassing the private equity firm’s original target of $475 million.
The plans named three finalists in their joint RFQ seeking general investment consulting services for public markets yesterday.
The fund approved a recommendation from its general investment consultant to allow an existing real estate manager discretion to toggle between two different classes of stock to improve its return profile.
The new directors of U.S. intermediary sales will cover the South Central and Northeast regions, respectively.
The city conducted a similar search for the services last year.
The county issued an RFP seeking a deferred compensation plan administrator.
The city is seeking investment management and advisory services for its roughly $103 million investment portfolio.
The new hire will focus on expanding the firm’s institutional investor relationships.