Searches And Hires
The plan’s new U.S. equity head joins from an investment consultant.
The board retained its incumbent consultant after interviewing two firms.
The selected firm will provide fiduciary and investment advisory services for the plans.
The pension plan hired a secondary fund-of-funds manager and a primary fund-of-one manager to handle its maiden target allocation to private equity at Wednesday’s board meeting.
The city is seeking help in developing an investment committee and investment policy statement.
The pension plan committed $130 million total to two managers yesterday.
The county treasurer’s office is seeking a firm to provide services for its portfolio of cash and investments.
The pension plan received staff recommendations to fully redeem a multi-strategy hedge fund mandate and commit to a global infrastructure strategy today.
The plan expects to hear presentations from six private equity firms next month as part of a search initiated in April.
The pension plan’s investment committee approved private credit and infrastructure commitments last week.