Searches And Hires
The plan approved recommendations to add new international bond, real estate and high-yield bond funds as underlying investment options during a February board meeting.
The institution has issued an RFP searching for a firm to serve as a discretionary advisor and direct the investment, sale and reinvestment of all assets under management.
The corporation has issued an RFP seeking firms to provide investment advisory services for its portfolio, which includes unrestricted funds, restricted funds and long-term assets.
The retirement fund disclosed $53 million in recent staff-led commitments.
The retirement plan approved a private infrastructure manager search to handle a potential 4% target allocation in December.
The city is seeking the services related to its two defined benefit pension plans.
The city expects to award a contract at its June 3 city council meeting.
The retirement system also approved two private equity commitments today.
The plan issued an RFP in December for a firm to manage a $350 million mandate.
The firm interviewed two finalists at yesterday’s board meeting.
