Searches And Hires
The city hired incumbent Fiduciary Consulting Group following a similar RFP process in 2019.
The plan rehired its incumbent consultant in 2018 after a similar search.
The search is to potentially augment or replace existing portfolio allocations.
The retirement fund terminated two equity managers and disclosed commitments totaling $1.7 billion in August.
The plan also removed a firm from watch status due to improved performance.
The retirement system agreed to hire a new discretionary private equity consultant while maintaining the incumbent consultant for discretionary private real return services.
The retirement plan made two commitments following finalist interviews yesterday.
The pension plan approved real estate and private markets commitments totaling $120 million yesterday.
The schools are reviewing a potential private equity partnership that would see approximately $2.4 billion invested in the conference in return for a 10% stake.
The organization is seeking firms to provide financial coaching, including group workshops covering budgeting, debt reduction, savings and investment basics; assist in the development, implementation and training of a financial assessment for employees and educate on responsible investing strategies.