Searches And Hires
The firm underperformed in all time periods since inception.
The plan’s initial priority will be to conduct a global core/value equity strategy search to compare with an existing investment manager.
The plan will consider replacing a domestic large-cap equity fund on watch status and approving a new asset allocation for its portfolio at its December board meeting.
The West Coast-based authority issued an RFP for the services in the first quarter.
The trust recently extended the contract of its incumbent investment advisor for four months as it looks to wrap up its search for the services in early 2026.
The plan conducted a search to replace an emerging markets equity mandate.
The plan expects to approve three recommended finalists for future interviews at this week’s board meeting.
Three firms submitted proposals to the plan’s equity index RFP.
The retirement association was notified of a hedge fund commitment and real assets reallocation last week.
The pension plan committed $5.75 million to a new manager relationship in November.