Daily Feed
The pension fund terminated a pair of underperforming international equity managers last month.
The pension plan hired two infrastructure managers at today’s board meeting.
The district made a hire in its search for consulting and investment advisory services for its supplemental pension plans for management and union employees.
The plan will put three mandates out for bid next year.
The fund hired an individual to lead its co-investment and direct investment program, which began last year as part of an updated strategic plan.
The system will review the asset allocation for its trust portfolio in the first quarter of 2026 before evaluating if additional private equity commitments are needed to reach its policy weight.
The promotion comes as the foundation’s current managing director for private markets recently departed.
The retirement system committed to the third fund in a series with an existing fund manager.
