Searches And Hires
The district’s full board will receive a recommendation in the search next week.
The search to fill a roughly $25 million allocation is open to both active and passive strategies.
The plan also named finalists in its private markets consultant search.
The plan also placed a domestic equity manager on watch due to underperformance.
The retirement system considered approving its general investment consultant RFP at Friday’s board meeting.
The plan previously retained its incumbent following a similar search in 2019.
The town last conducted a bundled provider search in 2017 on behalf of its deferred compensation plan.
The pension plan was notified of seven commitments totaling $2.2 billion at its Dec. 11 board of investments meeting.
The pension plan approved a new asset allocation for its Core Trust Fund this week.
The deferred compensation plan replaced two equity managers, which had been on watch, yesterday.
