Searches And Hires
The city’s OPEB and scholarship plans are also searching for a U.S. small-cap core equity manager.
The search is being conducted to comply with standard state procurement laws.
The plan has issued RFPs seeking core infrastructure and core real estate funds.
The plan will also receive a private credit portfolio review at today’s board meeting.
The commitments represent new manager relationships for the council.
The plan is looking to invest $10 million each with private equity and opportunistic fixed-income managers.
The state is seeking a firm to help create a special purpose vehicle for in-state investments.
The commitments include a new manager relationship and a follow-on.
The authority last issued an RFP for investment management services in 2019.