Searches And Hires
The retirement fund disclosed $85 million in recent commitments across private equity and real assets.
The plan is seeking active and passive funds to handle $1.35 billion.
The retirement system interviewed three finalists for its general investment consultant search.
The search is due to the incumbent consultant’s upcoming contract expiration.
The trust committed $70 million across two commitments last month for pacing purposes.
The plan also previously rehired the firm in 2019 following a similar RFP process.
The plan approved $350 million in commitments with GPs at a meeting last week.
The plan named two firms to manage $450 million total.
The manager had been placed on watch for performance reasons in the fourth quarter.
The retirement fund will reissue a general investment consultant RFP after selecting a new firm for the role last month.
