Searches And Hires
The asset classes were recommended by the OPEB trust’s new general investment consultant.
The retirement system will also launch a search for private credit managers next year.
The plan added a follow-on commitment to a healthcare-focused private equity firm this week.
The retirement trust will interview two core real estate managers at its February board meeting.
The plan will replace its core-plus and global opportunistic bond managers.
The pension plan recently made commitments to two existing manager relationships.
The university approved private equity and real assets commitments within its endowment fund at its November investment committee meeting.
The plans selected a firm to provide investment consulting services for its college savings trust fund and prepaid trust fund after issuing an RFP in the second quarter.
The foundation switched to a large-cap core equity strategy with its existing manager from the firm’s dividend growth oriented strategy in an effort to create a more stable and diversified portfolio.
The town received three proposals in response to an investment advisor RFP issued in September.