Searches And Hires
A total of three funds were hired as part of a private credit pacing plan.
The plan last conducted a similar search in 2019 that resulted in a consultant switch.
The city retained the incumbent consultants for its three pension plans.
The college savings plan has added two underlying high-yield fixed-income funds with existing managers within its portfolio.
Retirement fund made real estate debt and private equity commitments at the end of the third quarter.
The county has issued an RFSQ for broker-dealer investment services.
The commitments include private credit, infrastructure, farmland and real estate.
The plan replaced a commodities manager and added a global real estate manager to its watch list in the third quarter.
The fund selected a firm to provide low duration/short-term fixed-income exposure over three other managers following finalist interviews held at its board meeting last month.
The 529 plan has issued an RFP seeking an investment manager due to the upcoming contract expiration of its incumbent manager, which has been providing the services since 2003.