Searches And Hires
The plans’ current consultant contract will expire in January.
The county may hire one or more firms in the search.
The retirement system launched the searches last quarter due to contract expirations.
The plan has issued RFPs for an international small-cap equity manager and a general investment consultant.
The plan created a 3% target to multi-asset credit earlier this year.
The retirement system hired a new general investment consultant following finalist presentations at yesterday’s board meeting.
The retirement system collared two international equity managers after interviewing four finalists last month.
A university based on the East Coast is looking to add emerging private equity and venture capital managers to its portfolio.
The university has added $4 million across four investment funds and more than $3 million across five exchange-traded funds since May.
The community college affiliated foundation is searching for an investment manager to oversee and provide discretionary management for its endowment.