Searches And Hires
The plan made several changes as part of a total equity structure review at today’s board meeting.
The retirement system and OPEB trust have worked with the incumbent provider since 2014.
The search is being conducted due to state procurement rules.
The community development financial institution is seeking a social impact consultant to facilitate data and frameworks for its investments in small businesses.
The state agency overseeing 11 higher education institutions is seeking a firm to provide investment, banking and credit card processing services.
The retirement system committed to an existing private debt manager relationship in the third quarter.
The deferred compensation plan recently replaced a domestic small-cap value equity manager that had been on watch since 2024.
The retirement fund will interview two firms to handle the new allocation.
The treasury first discussed the search last year for its $1.7 billion liquidity and $4.2 billion reserve accounts.
The pension plan disclosed commitments totaling $1.5 billion in the fourth quarter.