The plan approved eliminating its global asset allocation target and folding a China equity target into its broader emerging markets equity allocation at its board meeting today.
The international value manager has underperformed its benchmark, prompting discussions of a replacement search for two Florida city plans.
The plan committed a total of $15 million to three secondaries funds at its April board meeting.
City is searching for a firm to oversee its $235 million in cash and investments.
Plan is targeting direct lending strategies and will award up to $600 million per mandate.
The search is being conducted to comply with standard state procurement laws.
Chicago retiree health plan is seeking a general investment consultant to sign a five-year contract.
Deadline for proposals in college’s search for an investment consultant has been extended one week to May 11.
District is searching for a discretionary manager for $529 million in assets.
Firm will help oversee the city’s $50 million cash and investment portfolio.