Searches And Hires
The school district is seeking a manager to provide cash flow investment management services and reporting for construction bond proceeds up to $179 million.
The plan also revised its upcoming fixed-income and international equity manager search timelines.
The retirement system concluded its domestic small-cap value equity search by selecting two managers.
The plans added a sustainable equity manager to their lineup in October after initially receiving an ESG/socially responsible product analysis search book in April.
The retirement fund is conducting the search due to state statute.
The pension plan liquidated its approximately $210 million domestic small- to mid-cap growth equity and made commitments totaling $120.5 million in November.
The current consultant’s contract is slated to expire on June 30.
The plan last conducted a real estate consultant search in 2017.
The asset allocation changes resulted in several manager hires and terminations at the retirement system’s November meeting.
The retirement system concluded its consultant search after relaunching it in September.
