Searches And Hires
The plans currently work with general investment consultant Callan.
The county is seeking the services on behalf of its $9.9 million 457(b) and $414,000 401(a) plan.
The plan added a pair of private equity commitments and another to a credit opportunities fund.
The deferred compensation plan replaced its domestic small-cap growth and international large-cap value equity managers last month.
The search is required due to state procurement law requiring an RFP every seven years.
The hires followed closed session deliberations.
The defined contribution plan replaced its international large-cap value equity manager, which had been on watch, in the second quarter.
The hire completes a review of the real assets portfolio that will now see it split evenly between one core-plus and two core managers.
The investment pool’s incumbent investment advisor is nearing its contract term.
The plan is seeking a firm to replicate the MSCI EAFE Index.