Searches And Hires
The plan hired two hedge fund managers after conducting finalist interviews at a meeting today.
The pension plan’s cio recently approved two private equity commitments.
The plan’s general investment consultant RFP is now available on its website.
The searches are for international small-cap equity, emerging markets equity, real estate, private equity and private debt managers.
The commitment is part of the plan’s new portfolio structure, which introduced a 5%, or roughly $500 million, private debt target allocation in November.
The pension plan is seeking several managers to handle a yet-to-be-determined mandate.
The plan also named finalists in its private credit manager search.
The plan is issuing the RFP due to the impending expiration of current contracts.
The plan will interview four finalists later this month in its domestic large-cap value equity manager search.
The structure review calls for the plan to make $1.5 billion in real assets commitments this year.
