Searches And Hires
The plan will issue RFPs within the next two months due to standard state procurement laws.
The plan will seek a real estate manager to handle $30 million to $60 million and recently hired a hedge fund-of-funds manager as part of new absolute return portfolio structure.
The plan is seeking small, local managers to receive an initial investment of up to $5 million.
The policy will allow staff to take advantage of time-sensitive investment opportunities.
A Northeastern state county is seeking consulting services on behalf of its deferred compensation plans.
District will hear presentations from four finalists on Sept. 28.
The plan is looking to invest up to $70 million total to passive equity managers.
The plan hired a new domestic small-cap growth equity manager after Voya Investment Management acquired the U.S. business of prior manager Allianz Global Investors.
The plan hired two active emerging markets equity managers to split the allocation.
Draft RFPs will be reviewed next month for scheduled publication in January.