Searches And Hires
The institution is looking to improve its cash flow management, optimize liquidity and establish a robust treasury management system to enhance its financial stability and maximize investment returns.
The corporation made four awards, two each in the second and third quarters, as part of its search for debt and equity funds to create a balanced catalyst fund.
The pension plan expects to issue an RFP to potentially replace a terminated core real estate manager next year.
The plan adopted a new asset allocation mix at its board meeting yesterday.
The search is required by standard state procurement laws.
The plan last conducted a search nearly a decade ago.
The plan’s current manager was first hired in 2017.
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.