Searches And Hires
The pension system had been reviewing the incumbent as part of a search prior to the manager’s decision to close.
The plan launched a search over the summer due to performance concerns with two incumbents.
The plan placed its domestic mid-cap growth equity manager on watch for organizational changes.
The pension fund has issued RFPs seeking global public equity and international active extension public equity managers.
The plan is seeking passive equity managers across two mandates.
The retirement system also made a private equity commitment last month.
The retirement system also recently made commitments totaling $343 million.
The retirement system is seeking one or more direct lending managers.
The pension funds added a $300 million investment to an existing manager relationship.
The current provider will see its contract expire at the end of the year.
