Searches And Hires
The county last conducted a similar search in 2022.
The pension fund approved the search at last week’s board meeting.
The retirement system also disclosed several private markets commitments.
The strategy is KKR’s largest infrastructure fund raised to date.
The deferred compensation plan terminated an underperforming domestic large-cap value equity manager in the second quarter.
The plan also approved a maiden infrastructure manager hire at today’s board meeting.
The trust recently hired managers to fill its maiden targets to listed infrastructure and listed REITs.
The RFQ process follows a similar one launched in January for domestic small-cap equity managers.
The selected consultant will assist in conducting an RFP to consolidate its plan service providers to one, among other responsibilities.
The plan began a replacement search for a domestic mid-cap equity manager terminated last quarter.
