Searches And Hires
The search is part of standard state procurement laws.
The city will consider discretionary investment advisors.
The retirement fund adopted the new targets after receiving an asset allocation study at a meeting this week.
The university disclosed follow-on real estate and venture capital commitments made with existing managers within its endowment in the first quarter.
The retirement system disclosed roughly $70 million in committed capital across three funds.
The retirement system rehired its incumbent for a five-year contract in 2019.
The plan committed to two firms after interviews held in closed session.
The organization has selected a new investment advisor to manage its non-restricted pool following an invitation-only search conducted earlier this year for standard due diligence purposes.
The university has initiated a search for a firm to provide active discretionary management services for its portfolio for standard due diligence purposes.
The city received five proposals in response to an RFP seeking investment management and advisory services.