Searches And Hires
The trust last conducted a similar search in 2020.
The plan also named finalists in its domestic large-cap value equity manager search.
The plan hired a new firm in its general investment consultant search.
The plan liquidated a global equity mandate and made $1.5 billion in total commitments in July.
The search is to potentially replace an incumbent manager due to performance concerns.
The plan is required to go out to bid every seven years.
The pension plan committed $125 million to new and existing manager relationships last week.
The plan most recently renewed its general investment consultant contract in August 2022.
The plan is relaunching the search due to “issues” with its previous RFP.
The plan’s real estate committee received four investment recommendations on Wednesday and approved a commitment in May.
