Searches And Hires
The institution added a global equity manager to its watchlist due to organizational changes and made an infrastructure commitment as part of its pacing plan last year.
The organization has issued an RFP seeking retirement plan investment advisory services to minimize investment cost, improve operational efficiency and maximize investment capabilities.
The plan hired two hedge fund managers after conducting finalist interviews at a meeting today.
The pension plan’s cio recently approved two private equity commitments.
The plan’s general investment consultant RFP is now available on its website.
The searches are for international small-cap equity, emerging markets equity, real estate, private equity and private debt managers.
The commitment is part of the plan’s new portfolio structure, which introduced a 5%, or roughly $500 million, private debt target allocation in November.
The pension plan is seeking several managers to handle a yet-to-be-determined mandate.
The plan also named finalists in its private credit manager search.
The plan is issuing the RFP due to the impending expiration of current contracts.