Equity
The firm closed its debut fund with more than $150 million in committed capital from a diverse group of institutional investors to exceed its initial fundraising target.
The proceeds will fund a new mandate from July.
The retirement system also hired two managers in its emerging markets equity search.
The plan also terminated an active global equity manager last month.
The retirement system will release its statutorily required RFP later this month.
The plan named two firms to manage $450 million total.
The retirement fund will reissue a general investment consultant RFP after selecting a new firm for the role last month.
The deferred compensation plan is seeking a domestic large-cap value equity manager to replace its incumbent, which has underperformed.
The pension plan placed an international equity manager on watch last month.
The organization’s office of investment management has issued an RFI seeking information on general consulting services to assist in investment managers’ searches and other services.
