Searches And Hires
The plan’s commitments from earlier this month include a new relationship.
The West Coast-based foundation committed to a seed-stage venture capital manager’s debut fund, which recently closed and was oversubscribed.
The plan will consider hiring a firm to replace a previously terminated domestic core real estate manager.
The plan’s contract with its current ESG investment option will expire.
The retirement system’s current bond manager was first hired in 2018.
The pension system committed $170 million across three strategies in the fourth quarter.
The plan’s current U.S. small-cap growth equity option has experienced underperformance.
The retirement system launched a core fixed-income RFP process in September.
The search is only open to domestic core and core-plus real estate managers.
The retirement system added three more commitments to Lightspeed Venture Partners.