Searches And Hires
The city anticipates allocating $1 billion in pooled cash resources between two firms and the state local government pool.
The foundation added two new small-cap equity strategies during the second quarter through full and partial redemptions from two existing small-cap managers.
The recently disclosed commitments consist of private equity, private credit and private infrastructure funds.
The pension plan has committed $70 million to a new credit manager relationship.
The district is seeking investment services for its 401(a) and 457(b) plans, which have a combined $7.7 million in assets.
The selected advisor will provide non-discretionary management of plan investments.
The search is for services on behalf of the county’s 457(b), 401(a) hybrid and 401(a) defined contribution plans.
The plan hired two new core-plus fixed-income managers to replace Western Asset Management.
The plan conducted a liquid credit manager search after approving a new asset allocation policy earlier this year.
The pension plan committed $17 million to an existing infrastructure manager relationship last week.