Searches And Hires
The plan also terminated a domestic small-cap growth equity manager.
The plan rehired two of its managers and terminated one as it wrapped up its search process at today’s meeting.
The pension fund approved an RFP for a single infrastructure platform to handle a mandate target between $250 million and $450 million last week.
The retirement system added a non-core real estate commitment last quarter following a search report from its consultant.
The retirement fund is considering a real estate strategy that targets affordable housing as well as neighborhood and community retail/mixed use within the city of Chicago.
The retirement system terminated its active domestic large-cap growth equity manager last month due to underperformance.
The retirement association was notified of private equity and real assets commitments last week.
The three firms are recommended for watch status due to underperformance.
The retirement fund recently disclosed $60 million in total commitments across private credit and private equity.
The tribe issued an RFP seeking investment advisors to assist with overseeing, investing and managing its funds, including a settlement fund.