Searches And Hires
The trust recently extended the contract of its incumbent investment advisor for four months as it looks to wrap up its search for the services in early 2026.
The plan conducted a search to replace an emerging markets equity mandate.
The plan expects to approve three recommended finalists for future interviews at this week’s board meeting.
Three firms submitted proposals to the plan’s equity index RFP.
The retirement association was notified of a hedge fund commitment and real assets reallocation last week.
The pension plan committed $5.75 million to a new manager relationship in November.
The agency is seeking an investment consultant to advise on its two portfolios, including monitoring manager performance, conducting asset allocation reviews and recommending investment policy improvements.
The plan has lined up 2026 searches for real assets, real estate and private credit managers.
The plan will put more than $14 billion out for bid.
The plan’s emerging markets large-cap core equity manager had been on watch due to underperformance.