Searches And Hires
The plan also terminated its mandate with Western Asset Management at today’s board meeting.
The pension had launched a search for a new manager in May.
The university has allocated approximately $15 million to a passive strategy that invests in the Bitcoin digital asset.
The county deferred compensation and defined contribution plans swapped out an incumbent core-plus fixed-income manager under scrutiny from the SEC.
The retirement system added a trio of domestic core-plus fixed-income investments at last week’s board meeting.
The city received seven proposals in response to an RFP issued in June.
The pension plan committed $120 million total to two existing manager relationships in the third quarter.
The hire concludes an RFP process that began in May.
The pension fund is seeking U.S. residential real estate managers to handle at least $50 million.
The plan adopted a new target to private equity earlier this year.