Searches And Hires
The city hired its incumbent firm following a similar search process conducted in 2017.
The retirement system opted to extend its contract for general investment consulting services to a firm recently hired for plan de-risking services.
The retirement system committed to an existing private equity manager relationship in the second quarter.
The retirement system reviewed three potential replacement options for an incumbent manager last quarter.
The investment board disclosed a domestic small-cap core equity manager termination and private markets commitments totaling $95 million today.
The commitments total more than $700 million.
The pension fund had approved minimum qualifications for the search last month.
The retirement association also terminated an emerging market fixed-income mandate at today’s board meeting.
Four total firms were interviewed in May for the mandate.