Fixed-Income
The deferred compensation plan will also consider replacing its multi-strategy real estate manager this week.
The city has reissued an RFP seeking managers for its investment accounts that have an aggregate market value of approximately $6.8 billion.
The plan bolstered its private real assets portfolio with three commitments today.
The district is seeking a full-time non-discretionary investment advisor.
The pension plan approved the addition of three new strategies with its retirement plan fund lineup at its March meeting.
The plan hired a new bank loan manager due to personnel turnover at the incumbent firm.
The fund is looking to hire four global passive fixed-income managers.
The investment board also hired a new international growth equity manager.
The pension plans received seven submissions in response to a joint RFQ issued in October.
The plan approved the two manager searches at a board meeting yesterday.