Searches And Hires
Plan will review a maiden allocation later this month after hearing an education on the asset class last week.
The plan made commitments to existing relationships, added a new credit manager and approved the hire of a new public markets consultant at its Feb. 16 meeting.
The city last issued an RFP for the services in 2016.
The plan hired an international growth equity manager and committed to two existing private equity managers last month.
The plan is looking for an index focused on factors such as value, momentum, quality and low volatility to serve as a reference benchmark for an internally-managed portfolio.
The plan has $39 million remaining to be committed to three private equity funds in 2023.
The plan disclosed private equity, tangible assets and real estate commitments with existing managers at its meeting yesterday.
The county hired a firm to handle its pooled portfolio, which was previously managed by internal staff.
The village made a hire in its search for investment advisory services for its non-pension funds last month.
The plan committed to a new credit manager earlier this month.