Searches And Hires
The district expects to notify the selected firm of the contract award on June 30.
One of three portfolio managers on the international equity team departed.
The plan added a $7 million secondaries private equity commitment last quarter.
The authority’s RFP for investment management services follows an RFI issued in the fourth quarter.
The commitments include two new relationships for the plan.
The authority is seeking retirement plan consulting and pension administration services on behalf of its 457 and 401(a) plans.
The plan expects to announce an intent to award on June 15.
The plan committed $90 million total to new and existing manager relationships yesterday.
The plan made private credit commitments after presentations in closed session.
The plan’s investment subcommittee will consider domestic mid-cap value and emerging markets equity replacement options at an upcoming meeting.