Searches And Hires
The plan will interview finalists in November.
The pension plan hired a multi-strategy manager and diversified fund-of-funds manager to evenly split its 2% target allocation to private credit this week.
The pension plan has issued a general investment consultant RFP due to an upcoming contract expiration and will launch an active domestic large-cap value equity manager search as part of a portfolio structure review.
The hire concludes a search launched in July due to incumbent Innovest Portfolio Solutions’ upcoming contract expiration.
The city is seeking investment advisory services for its roughly $2 billion in combined cash and investment portfolio.
The town is searching for a consultant on behalf of its 457(b), retirement health savings and 401(k) plans.
The plan selected the managers at a meeting today following RFPs issued in April.
The plan is seeking firms to handle a roughly $72 million allocation.
The plan added a follow-on private equity commitment at a board meeting last week.
The firm will manage a hard currency mandate for the plan following the issuance of an RFP in the second quarter.