Searches And Hires
The plan went with the incumbent manager in its domestic small-cap value equity search.
The investment advisor will serve for an initial one-year term.
The city is also looking to establish a deferred compensation committee.
A total of six new commitments and two terminations were reported this month.
The plan also committed to a non-core real estate fund and will redeem from a core fund.
The school district is seeking a manager to provide cash flow investment management services and reporting for construction bond proceeds up to $179 million.
The plan also revised its upcoming fixed-income and international equity manager search timelines.
The retirement system concluded its domestic small-cap value equity search by selecting two managers.
The plans added a sustainable equity manager to their lineup in October after initially receiving an ESG/socially responsible product analysis search book in April.
The retirement fund is conducting the search due to state statute.