Searches And Hires
The foundation has issued an RFP seeking investment advisory and management services for its endowed and non-endowed funds.
The plans conducted an advisory services search earlier this year.
The city last conducted a similar search in 2018 that resulted in the hire of a new record keeper.
The pension plan committed $10 million to an existing private equity manager relationship and approved a 2024 private markets pacing plan in May.
The search, which is open to direct lending strategies only, is for a manager to handle $10 million.
The plan committed to two value-add real estate funds at today’s board meeting.
The plan also made two follow-on private equity commitments.
The plan has opened searches for active global and emerging markets equity managers.
The plan’s real estate committee approved four commitments in August and its hedge fund committee terminated an existing mandate in July.
The hire concludes a search launched in April due to the contract expiration of the district’s incumbent.