Fixed-Income
The plan interviewed a total of four finalists for the mandate in March.
The plan received a report from its consultant after launching the search in February.
The university recently selected a new core bond manager to replace a recently terminated manager within its quasi-endowment.
The plan is looking to invest $100 million in a liquid credit strategy.
The search is related to services for its $1.1 billion in operating and bond funds.
The city’s police and fire and general retirement systems will interview three fixed-income managers at next week’s joint board meeting.
The organization is seeking an advisor with a history, especially with fixed-income securities, to provide investment and depository services.
The system will discuss an implementation plan for the new asset allocation policy next month.
The fund will also review a high-yield fixed-income manager search request from staff at its June 13 board meeting.
The plan will issue an RFP due to the upcoming contract expiration of incumbent Northwest Capital Management.