Searches And Hires
The foundation has issued an RFP seeking investment advisory and management services for its endowed and non-endowed funds.
The plans conducted an advisory services search earlier this year.
The city last conducted a similar search in 2018 that resulted in the hire of a new record keeper.
The pension plan committed $10 million to an existing private equity manager relationship and approved a 2024 private markets pacing plan in May.
The search, which is open to direct lending strategies only, is for a manager to handle $10 million.
The plan committed to two value-add real estate funds at today’s board meeting.
The plan has opened searches for active global and emerging markets equity managers.
The plan also made two follow-on private equity commitments.
The plan’s real estate committee approved four commitments in August and its hedge fund committee terminated an existing mandate in July.
The hire concludes a search launched in April due to the contract expiration of the district’s incumbent.