Searches And Hires
The church pension hired a new core fixed-income manager in addition to investments and co-investments in private equity and real estate in June.
Plan finalized a $40 million private equity commitment late last week.
The city is seeking non-discretionary portfolio management services.
The plan is seeking one or more managers to handle a portion of its short-duration pool.
The pension plan is seeking a firm to handle a mandate ranging between $400 million and $1 billion.
The contract of the city’s current investment advisor is set to expire.
The city expects to commence a contract on Nov. 1.
The plans placed Wellington Management Company on watch this week due to the upcoming retirement of a partner and equity research analyst.
The plan hired a new domestic large-cap core equity manager to replace its underperforming incumbent.
The plan made a decision in its opportunistic credit search after an RFP process initiated in March.