Searches And Hires
The institute has issued an RFP seeking an investment advisor to manage fund managers, recommend allocation changes and provide objective, external reporting on performance after canceling a search in 2021.
The foundation is looking to allocate a portion its investment portfolio to impact investments and has named a team member to spearhead the effort.
The pension plan approved commitments totaling $95 million with three existing manager relationships last week.
The pension plan made a $15 million credit commitment earlier this month.
The search is for a manager to handle $50 million with funding coming from the reduction or elimination of its current large-cap value manager.
The city is seeking consulting services for its four retirement plans.
The plan is looking to diversify its domestic large-cap value equity portfolio.
The plan will issue an RFP for domestic core fixed-income managers as part of a restructure approved at this week’s board meeting.
The plan committed to four firms that represent new relationships.
The retirement system will hold a special board meeting to vote on its record keeper search after dismissing Executive Director Scott Miller this week.
