Searches And Hires
The pension plan terminated an existing hedge fund manager and committed to a new infrastructure manager in September.
The plan is considering commitments to four private equity funds and one credit strategy.
Plan committed up to $17.5 million across two first-time funds last month.
The plan is seeking a firm to provide fiduciary investment advisory services.
The city council expects to award a contract at its Jan. 22 meeting.
A total of three funds were hired as part of a private credit pacing plan.
The plan last conducted a similar search in 2019 that resulted in a consultant switch.
The city retained the incumbent consultants for its three pension plans.
The college savings plan has added two underlying high-yield fixed-income funds with existing managers within its portfolio.
Retirement fund made real estate debt and private equity commitments at the end of the third quarter.