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President Donald Trump’s announcement of a 90-day pause on most tariff hikes on Wednesday sent markets soaring, but the rally was short lived as China continues to strike back.
The launch will expand the firm’s asset-based finance capabilities.
The fund will also review a high-yield fixed-income manager search request from staff at its June 13 board meeting.
The global head of equities will depart the firm later this month after holding the position since 2021.
The plan made a real assets commitment with an existing manager relationship last month.
The county concluded a search for investment consulting services on behalf of its deferred compensation plans last quarter.
The plan voted to remain with its incumbent at a special board meeting yesterday.
The plan will issue an RFP due to the upcoming contract expiration of incumbent Northwest Capital Management.
The pension plan was notified of a $150 million private equity commitment this week.
The plan is searching for a private markets investment officer to join its team.