Searches And Hires
The pension plan made private markets commitments totaling $16.25 million last month and will consider a 2024 pacing plan this week.
The commitments were made under the discretion of staff.
The six managers will each handle a maximum of $600 million.
The county treasurer’s office selected a new investment advisor to manage its fixed-income investment portfolio.
The plans’ current consultant will see its contract expire in July.
The RFP will be issued next month as part of a private markets pacing plan.
The foundation added two domestic large-cap equity firms and a global listed infrastructure manager to its portfolio last year.
The foundation added private equity, private credit and international developed markets equity strategies to its portfolio in the second half of 2023.
The institution added a global equity manager to its watchlist due to organizational changes and made an infrastructure commitment as part of its pacing plan last year.
The organization has issued an RFP seeking retirement plan investment advisory services to minimize investment cost, improve operational efficiency and maximize investment capabilities.