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The retirement board has approved a fiscal year 2025 real assets investment plan that discontinued its search for two new open-end core real estate managers.
The plan approved the search following a quarterly performance review.
She directs the creations, education and accompanying support of AAM’s expanding alternative product offerings.
The plans last issued an RFQ for investment consulting services in 2023.
The fund held a special meeting earlier this month to terminate its long credit mandate with the firm.
The plan hired two firms in its international equity manager search.
The commitments conclude an RFP process and were made for pacing purposes.
The search stemmed from a discussion regarding a possible restructuring of the plan’s opportunistic fixed-income portfolio at a meeting yesterday.
The plan is seeking administrative, investment and communication advisory services.
The plan was informed of several new staff-delegated private commitments at its board meeting yesterday.