Searches And Hires
The plan last conducted a similar search in 2020.
The plan agreed to move forward on due diligence with four firms in its general investment consulting services search.
The retirement fund approved three private credit commitments to start funding of a 2.5% maiden allocation to the asset class added last year.
The pension plan added commitments in real estate, private credit and private equity in recent months.
The pension plan expects to conclude the searches between April and May.
The deferred compensation plan posted an RFP for investment consulting services.
The plan disclosed four total commitments made last month.
The plan hired a pair of bank loan managers to handle roughly 3% of its overall portfolio this week.
The plan replaced several of its passive mandates with Vanguard Group at yesterday’s board meeting.
The retirement systems concluded a general investment consultant search last month following finalist interviews held last quarter.
