Searches And Hires
The search is open to both equity and debt strategies.
The plan is looking to invest $7 million with value-add real estate funds.
The deferred compensation plan hired four fixed-income managers to handle a total of $2.75 billion.
The plan is seeking developed markets equity managers to handle a $50 million allocation.
The pension plan hired five non-U.S. equity managers and approved a new private equity portfolio structure last week.
A total of three finalists were interviewed at a meeting this week.
The pension plan approved a credit commitment with an existing manager relationship last month.
The plan’s cio and internal investment committee will be authorized to handle manager hires and terminations with some parameters/constraints.
The investment firm returned client assets as of April 30.
The pension plan’s cio recently approved two real assets commitments.
