Daily Feed
The fund has launched a national search for its next president and ceo as its current head plans to retire in June after 23 years of service in the role.
The fund is seeking the services for two local government investment pools totaling approximately $58.4 billion as its incumbent provider’s contract is set to expire at the end of the year.
The county is seeking a firm to provide investment management and advisory services for its endowment fund, including conducting due diligence, selecting investment managers and overseeing asset allocation modeling.
The university’s current v.p. and coo will retire in December after 17 years of service.
The retirement system approved a contract with a domestic core fixed-income manager last month.
Fifth Third Bank and Nuveen currently provide investment management services for the city.
The firm is looking to build out its investment solutions and multi-asset class portfolios.
The firm will open a new office in West Palm Beach, Fla. on Aug. 1.
The retirement fund is conducting the search due to underperformance from its incumbent domestic large-cap value equity manager.
The role has been vacant following the promotion of the former deputy to cio last year.
