Searches And Hires
The deferred compensation fund hired a new domestic large-cap value equity manager at today’s meeting.
The current target date fund provider handles $7.2 billion.
The deferred compensation plan will also consider replacing its multi-strategy real estate manager this week.
The retirement system also approved a 2026 private markets pacing plan in January.
The retirement fund replaced its small-cap value and small- to mid-cap growth mandates with a pair of core managers last month.
The public utility plan committed to two real estate strategies last week.
The pension trust will issue an RFP for general investment consulting services following approval at next week’s board meeting.
The pension fund will become the initial investor in a new domestic mid-cap value equity strategy.
The city has reissued an RFP seeking managers for its investment accounts that have an aggregate market value of approximately $6.8 billion.
The retirement fund also reupped with its incumbent general investment consultant at today’s board meeting.