Searches And Hires
The retirement system hired two firms to manage its 51% private markets portfolio.
The plan’s current private markets co-investment manager will see its contract expire at the end of the year.
The plan’s current real assets consultant will see its contract expire this year.
The retirement plan hired several managers to move toward its new asset allocation policy.
The retirement system is searching for a firm to conduct a one-time asset allocation review.
The retirement fund is scheduled to hear proposed real estate and infrastructure pacing plans at next week’s investment committee meeting.
The search is open to real estate debt, opportunistic and value-add funds.
A foundation based in the Midwest replaced a small-cap growth equity manager with a similar strategy.
The foundation recently approved an equity investment with a diverse manager within its endowment and mission-aligned investment pool after tracking the firm for years through its investment consultant.
The retirement system is seeking a Standard & Poor’s 400 Index manager.