Fixed-Income
The authority previously hired five managers following a similar RFP process in 2012.
The state’s defined contribution plan is seeking a core-plus fixed-income manager.
The plan disclosed an additional investment and two terminations at Friday’s meeting and recently saw the departure of its deputy cio.
The agency will first hold a virtual conference for interested managers next month.
The plan is searching for a firm that specializes in insurance-linked securities strategies.
The plan will first issue the fixed-income and private equity RFPs in the next two months.
The asset manager has hired a director of fixed-income and a portfolio manager for its U.S. small-cap and small- to mid-cap investment team and promoted its director of ESF integration to director of ESG research and engagement.
The plan is searching for daily liquid opportunistic managers.
He will manage total return fixed-income strategies.
Plan will seek board approval for international equity and U.S. fixed-income portfolio structures that would see new manager additions this week.