Searches And Hires
The district last conducted a search for the services in 2018.
The foundation is looking for a firm to manage its investment portfolio and $62,000 cash and money market portfolio, including executing trades, providing custody of securities, collecting income and providing cash flow analysis.
The foundation issued its RFP seeking an investment consultant to provide non-discretionary services for its portfolio last week after it received submissions from 15 firms during an RFQ process from April.
Pension division issued an intent to award notice in a high-yield fixed-income manager search launched in 2021.
The pension plan is seeking passive index and transition advisory services as it readies a long-awaited transition out of a larger fund.
The retirement plan is looking to replace an existing core-plus fixed-income manager.
The plan will consider hiring two domestic equity managers to replace existing mandates with the same firm.
The retirement system also terminated an international growth equity mandate.
The requested services include asset allocation, investment policy and strategy recommendations.
The pension disclosed two private equity commitments from May that totaled $60 million.