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The plan located in our nation’s capital approved a search for active international equity managers.
The pension plan made two commitments with existing manager relationships last month.
PFM Asset Management currently provides investment advisory services for the city’s investment funds.
The commitments were part of a 2025 private equity recommendation from general investment consultant Marquette Associates.
A total of six new sub-mandates were funded.
The plan opted to retain its incumbent for an initial five-year term.
The plan is seeking services that may include custodial/trustee, plan and participant level record keeping, employee enrollment, participant education and ongoing administrative and regulatory support.
An authority overseeing a college savings plan in the Midwest has renewed its contracts with a record keeper and two investment managers.
A research foundation affiliated with a Midwestern university has tabbed on its current staff members to become president and ceo next year.
A global investment firm has hired a new cio to manage its U.S. endowment and foundation business.