Searches And Hires
The plan will look to add a new global equity manager at a board meeting next month.
The community college is searching for a firm to provide comprehensive administrative and record keeping services for its defined benefit 403(b) plan and deferred compensation 457(b) plan.
The deferred compensation plans had worked with their incumbent record keeper since 2012.
The university is seeking a firm to review its investment-related policies, procedures, asset allocations and structures.
The authority is seeking a firm to review investment transactions and provide performance reports.
The plan’s investment consultant began a replacement search in the fourth quarter.
The plan approved a $40 million core infrastructure commitment last week to fill a new allocation to the asset class.
The termination stems from an upcoming co-portfolio manager departure.
The retirement fund anticipates final selection and approval in the third quarter.
The plan has issued an RFI for active quantitative investment management services.