Searches And Hires
The authority last rehired its incumbent in 2021.
The plan added three new contracts and retained others for investment consulting services.
The plan is replacing the consultant following a review at last week’s board meeting.
The plan established a dedicated real assets target of up to 3%.
The retirement system added $860 million across three new commitments in May.
The retirement system currently works with general investment consultant NEPC.
The retirement system is looking to access equity and fixed-income indices for future allocations.
The retirement association disclosed $60 million in private markets commitments following closed session deliberations.
The retirement fund also disclosed commitments totaling roughly $1.2 billion in July and August.
There are no plans for a replacement search at this time.
