Searches And Hires
The current consultant will see its contract expire on June 30.
The institution has hired its next cio from a nearby investment advisor and resources platform launched in 2021.
The pacing plans call for a total of $835 million across the two asset classes.
The plan deferred its core-plus fixed-income search to its January board meeting.
The retirement fund is seeking multiple managers to handle approximately $350 million in assets.
The district received proposals from four consultants in response to an RFP issued in August.
The selected firm will serve for an initial three-year period.
The state fund is looking for taxable municipal bond managers.
The plan also granted staff discretionary authority to invest in GP-led secondary transactions.
The pension plan will consider replacing its REIT manager due to the firm’s underperformance.