Searches And Hires
The plan also made an infrastructure commitment at a board meeting today.
The plan approved a new real estate manager structure that factored in the implementation of a recent manager hire and adopted a new asset allocation last month.
The plan is looking to make two to three commitments in the growth equity and buyout spaces by the end of the year.
The plan committed to private equity and private debt for pacing purposes.
The plan hired two managers after interviewing a total of four finalists last month.
The search will have a focus on the large-cap market segment.
Plan is seeking a consultant to provide services related to diversified strategies and/or hedge fund investing.
The plan is seeking one or more firms to provide non-discretionary consulting services for three asset classes.
The plan is seeking two or more managers to handle roughly $2.9 billion.
The pension plan hired a new domestic small-cap growth equity manager to replace its incumbent due to underperformance.