Searches And Hires
A total of three firms were considered in the search.
The plan’s incumbent managers were first hired in 2018.
The retirement system also made several changes to its public equity and real estate portfolios last week.
The retirement system approved a real estate commitment with an existing manager relationship in July.
The county hired a firm for its more than $600 million portfolio.
The authority had been working with its incumbent investment manager since 2004.
The hire concludes an RFP process that began in November.
The foundation added fixed-income strategies with a new investment manager within its portfolio in the first quarter.
A college savings plan based in a Southern state has added two utilities strategies as underlying funds within some of its investment options.
The board recently made private equity commitments totaling $60 million.