Searches And Hires
A public trust fund affiliated with a Midwest metropolitan airport has selected two discretionary investment managers following an RFQ process from the start of the year.
The manager has trailed its benchmark for two consecutive quarters.
The plan may hire two direct lending managers next month.
The selection will conclude a core-plus fixed-income search for a replacement manager.
The fund decided to stick with its existing investment advisor to handle its portfolio following a search from last summer as part of standard procurement process to put contracts out for bid periodically.
The university has approved extending the contract of its discretionary investment consultant for an additional three years through June 2026.
The health system has issued an RFP for an investment consultant for its defined benefit plan and defined contribution plan after rehiring its incumbent in late 2018.
The plan added $500 million across three new alternatives commitments in the fourth quarter.
The plan is seeking buyout, secondaries and open-end core infrastructure funds.
The search follows the plan rehiring its incumbent for the position in 2017.