The retirement system approved a “disruptive technology investment” at its board meeting today.
The new asset allocation increases its equity target by 3%.
Their team will pursue growth investment opportunities in tech-enabled, software and healthcare services companies.
The plan interviewed three finalists in the search at a special meeting yesterday.
The plan approved a new target asset allocation at its board meeting today.
The plan selected two finalists to interview after reviewing a search report at its board meeting yesterday.
The TSW ceo will become ceo of Pendal’s U.S. business.
The plan’s general investment consultant will conduct a search for a domestic small-cap equity manager to complement its small-cap value manager.
The plan added one firm on watch for underperformance and two more for organizational concerns.
The plan is reissuing its emerging markets equity RFP due to confusion over the winner’s rating and track record.