Searches And Hires
The deferred compensation plan terminated two domestic equity managers and an intermediate core-plus bond manager in the third quarter.
The retirement system issued an RFI for the services last year and does not currently utilize a dedicated consultant for private markets.
The pension plan will consider approving one credit and three real estate commitments totaling $180 million at its Jan. 9 investment committee meeting.
The retirement system has issued two RFPs in accordance with state regulatory requirements.
The county rehired its two domestic fixed-income managers to handle a portion of its operating and sales tax portfolios last month.
The retirement system is seeking firms to handle an allocation ranging between $200 million and $400 million.
The farmland manager will handle mandates totaling $28 million for two pension plans.
The retirement system expects to conclude the search at a May 9 board meeting.
The retirement system transitioned its passive domestic equity mandates with BlackRock to active management in the third quarter.
The retirement system will hear from three international value equity managers at next month’s board meeting.
