Searches And Hires
The hire concludes an RFI launched in July.
The district tabled a similar search for services in 2017.
The plan placed a domestic large-cap growth equity manager on watch at its Dec. 6 board meeting.
The retirement system expects to launch an emerging markets small-cap search before the end of the year and a broad emerging markets search next year.
The plan will commit to a total of 15 private equity managers next year.
The pension plan made a $24 million commitment to an existing real estate manager relationship in October.
The plan’s consultant will also kick off an asset/liability modeling study this month.
The plan’s current provider handles $174.5 million of its assets.
The plan also made several private markets commitments totaling more than $500 million.
The plan also made a hire to replace its mandate with Western Asset Management.