Searches And Hires
The plan replaced one emerging markets equity manager with two new firms in June.
The real estate commitment represents a new relationship for the plan.
The pension fund will review potential alternative domestic small-cap equity managers in November.
The search is being conducted due to the upcoming contract expiration of incumbent Alaska Permanent Capital Management.
The retirement plan will conduct an invitation-only search for its discretionary private equity portfolio services.
The plans previously worked with bundled provider MissionSquare Retirement.
The retirement association also recently committed $205 million across six new funds.
The retirement system’s current manager was first hired in 2022 following a similar RFP process.
The retirement fund’s trustees asked for more information before hiring one firm as the primary consultant and a second for carve-out services following finalist interviews at today’s investment committee meeting.
The agency will be responsible for managing portfolios totaling more than $2.7 billion.
