Searches And Hires
The plan’s contract with its current ESG investment option will expire.
The retirement system’s current bond manager was first hired in 2018.
The pension system committed $170 million across three strategies in the fourth quarter.
The plan’s current U.S. small-cap growth equity option has experienced underperformance.
The retirement system launched a core fixed-income RFP process in September.
The search is only open to domestic core and core-plus real estate managers.
The retirement system added three more commitments to Lightspeed Venture Partners.
The pension fund also concluded a core fixed-income manager search with a hire at this week’s board meeting.
The plan completed a search for emerging markets small-cap ex-China equity managers in the fourth quarter.
The city expects to conduct interviews the week of April 21.