Searches And Hires
The pension plan approved the addition of three new strategies with its retirement plan fund lineup at its March meeting.
The retirement system will allocate $450 million with the new international equity manager.
The deferred compensation plan replaced its domestic large-cap value equity manager in the fourth quarter.
The new asset allocation will “bring down projected volatility” for the city’s three pension plans.
The hire concluded a domestic small-cap value equity replacement search from earlier this year.
The state selected the incumbent consultant to continue advising its 529 plan and other funds following an RFP process from last year.
The plan selected a new program manager after initiating a search in the second quarter.
The endowment is seeking firms with open-end, evergreen funds to manage an approximately $75 million allocation and will give preference to firms with experience in direct investments, co-investments and secondary transactions.
The college has issued an RFP seeking an investment advisor to actively manage, advise and recommend investments as well as develop and review its investment policy.
The foundation is seeking a firm to provide investment advisory services for its endowment, including mission-aligned investment management to preserve and grow the portfolio.