Equity
The retirement system previously authorized a change to its $37 million investment with the hedge fund manager at a Feb.19 meeting.
The program will also invite its domestic mid-cap growth equity manager to present at a future board meeting with the intent of placing the firm on watch due to underperformance.
The deferred compensation plan also received proposals from Fiduciary Consulting Group, NFP Retirement, SageView Advisory Group and USI Consulting Group.
The plan first hired the firm in 2018.
The retirement system also made several changes to its public equity and real estate portfolios last week.
A college savings plan based in a Southern state has added two utilities strategies as underlying funds within some of its investment options.
The retirement system will also consider several changes to its public equity and real estate portfolios this week.
The new ceo leads a firm with more than $20 billion in assets.
The plan has issued RFPs for an international small-cap equity manager and a general investment consultant.
The retirement system collared two international equity managers after interviewing four finalists last month.