Searches And Hires
The plan replaced both its passive equity and fixed-income mandates with Vanguard Group as well as its sustainable equity mandate with Neuberger Berman in May.
The county received two proposals in response to an investment advisor RFP issued in March due to its incumbent’s contract expiration.
The plan expects to conduct an RFP for private debt managers for pacing purposes.
The pension plan hired two domestic large-cap growth equity managers as part of an ongoing shortlist search and terminated two existing managers.
The university will consider adding a new manager to its endowment to handle a high-yield bond mandate through partial redemptions of two domestic large-cap equity managers.
The institution is seeking an investment manager to provide investment strategies and solutions to maximize investment returns for its operating, long-term, endowment and surplus funds.
The foundation approved a commitment to a buyout private equity strategy with a new investment manager in the second quarter.
The plan approved the elimination of an active mid-cap equity mandate that had been on watch since last year.
The railway’s board is searching for an investment advisor to help implement a trust fund, which will have an initial $1.6 billion allocation.
The pension plan recently committed approximately $2.2 billion total to eight funds and terminated an existing credit strategy.