Searches And Hires
The authority selected a firm to serve as consultant for its investment portfolios totaling more than $100 million in assets following a search from late last year.
The conservation trust fund has launched a search for a trust manager to oversee and invest its assets.
The institution has issued an RFP seeking a firm to provide non-discretionary management of its investment portfolio and assist in developing and implementing investment strategies to enhance performance.
The retirement fund also terminated a Russell 1000 Growth Index fund manager today.
The authority is seeking a firm to manage its “core $80 million fixed-income bond portfolio.”
The retirement association was notified of credit, private equity and real estate commitments last week.
The city is seeking one or separate firms to handle distinct investment advisory and municipal financial product advisory services.
The city hired an inaugural consultant for the trust in 2021 following a similar search process.
The city expects to issue an RFP and evaluate proposals by the plans’ May 7 board meeting.
The trust will commit $100 million in total this year.