Daily Feed
The district issued an RFP in March seeking the services for its approximately $77 million portfolio.
The authority is searching for a firm to invest and manage approximately $230 million.
The retirement plan also added a private equity commitment at last week’s board meeting.
The search is being conducted as the plan’s incumbent will see its contract expire next year.
The retirement system appointed the executive director from a Southern state pension to take on the same role.
Casselberry joined the Health Forward Foundation as its cio on Nov. 1, tasked with leading management of the Kansas City, Mo.-based foundation’s approximately $908.7 million endowment. He took the time to answer five questions with FIN News.
The current consultant will see its contract expire at the end of the year.
The retirement system’s executive director resigned from the role after 10 years.
The plan approved a new domestic equity structure that shifts the portfolio to 100% passive.
The retirement fund added domestic small-cap value and global low volatility equity managers to its watchlist in April.
