Daily Feed
The pension fund will seek a fund-of-one platform to fill out a 3% target allocation to the asset class.
The board hired domestic and international all-cap equity managers last quarter.
The firm’s latest opportunistic real estate fund closes with total commitments exceeding $1 billion.
The city hired a new provider for its $121 million 457(b) plans.
If approved, the new 20% global core equity allocation would require a search later this year.
He joined the firm last month from Segall Bryant & Hamill, where he served in a similar role.
The system is seeking small-cap strategies as part of a U.S. public equity manager RFQ launched this month.
The retirement fund hires a new short-term fixed-income manager in September.
The fund exceeded its hard cap of $1 billion.
The retirement system hired two international equity managers to replace an incumbent that had been on watch since October.