Searches And Hires
The authority received three proposals in response to an RFP issued in April.
The plan also terminated eight managers as part of a public equity implementation.
The pension plan introduced a 2% target to real estate debt as part of a new asset allocation policy adopted last month.
The plan is relaunching the search after contractual agreement with previously selected did not conclude.
The plan adopted a new asset allocation last month.
The city is seeking a manager to handle its $45 million in non-pension assets.
The plan hired a passive international equity manager to replace an active mandate in May.
The search is due to the June 30, 2025 contract expiration of the plan’s incumbent.
The defined contribution plans have issued a general investment consultant RFI for best practices.
A foundation based in the Midwest allocated to an emerging markets equity strategy with a focus on sustainability last year.