Searches And Hires
The city is seeking record keeping services on behalf of its deferred compensation plan.
The hire concludes a search to replace a current underperforming manager.
The plans terminated their core real estate manager last month.
The city is seeking a bundled provider for two retirement plans totaling more than $1 billion each.
The city is searching for a firm to administer and provide investment management services for its pension trust.
The pension plan disclosed a private equity commitment made last month at yesterday’s board meeting.
The plan made an up to $50 million commitment to an existing relationship at its meeting last week.
The plan will also issue RFPs for global fixed-income and domestic small-cap core equity managers.
The plan currently has two international small-cap equity managers.
The search will be conducted due to the upcoming contract expiration of incumbent Albourne.
