Searches And Hires
The plan will begin the search in the first quarter.
The plan has issued an RFP seeking a domestic large-cap growth equity manager to handle $34 million.
The plan is looking to replace its current underperforming manager.
Authority has issued yearly RFQ for investment management services.
The plan is looking for non-core fixed-income strategies enhance its portfolio.
The plan is conducting the search to comply with state procurement laws.
The city is also looking to establish a deferred compensation committee as part of the RFP process.
The plan has worked with its incumbent investment advisor since 2009.
The plan may conduct a search to replace its passive core fixed-income manager next year following an asset allocation study.
The plan’s incumbent manager was first hired in 2015 and the search is to comply with standard state procurement laws.