Searches And Hires
The plan hired the firm for an $8 million mandate at its October board meeting.
The plan is looking to make its second investment in the asset class.
The municipality previously worked with investment advisor Callan.
The pension plan’s investment committee approved commodities, fixed-income and private credit commitments last week.
The selected firm will assume an $86 million mandate currently handled by an underperforming manager.
The plan is seeking a firm to handle a $20 million mandate.
The pension plan liquidated an international equity mandate and made $1.8 billion in total commitments in September.
The plan replaced its target date fund manager due to the firm’s underperformance.
The university was slated to approve a buyout private equity commitment to a new manager within its endowment at its meeting last week.
The college is seeking a firm to advise and assist in the development of short-term and long-range financing plans as well as advise on investment of funds.