Searches And Hires
The plan’s incumbent domestic large-cap growth equity manager had been on watch due to underperformance following the departure of its portfolio manager.
Plan is seeking a third-party consulting firm to evaluate investment practices and performance.
The searches are part of an implementation plan following approval of a new asset allocation in May.
Plan bolstered its private equity and private infrastructure allocations with commitments to two existing manager relationships.
The hospital system is seeking an investment advisor to assist in formulating objectives and drafting written policies for selecting investment options, while serving as a co-fiduciary for its defined contribution plan.
The plan disclosed two private equity commitments to new managers at yesterday’s board meeting.
The institution approved a commitment to an early-stage growth strategy that invests in consumer and consumer technology companies.
The plan made follow-on commitments and rehired its real estate consultant following an RFI process.
The retirement plan is seeking a liquid diversifying strategies manager to handle a $30 million allocation.
The police and fire retirement plan is seeking consulting services after approving the search in May.
