Searches And Hires
The pension plan introduced a 10% private markets target, which consists of one-third real estate/real assets, last year.
The approval comes as the plan’s five-year contract with its current consultant is ending.
The county deferred compensation plan conducted a similar search for the services in 2017.
The pension plan’s investment committee added two $25 million commitments this week.
The retiree trust fund may terminate an international small-cap equity manager without improved performance to end the year.
The plan hired a new international equity manager to handle a nearly $90 million portfolio at its board meeting last week.
The pension plan has hired a new domestic large-cap value equity manager to handle $375 million.
A college based in a Southern state has selected a new investment manager following an RFP process that began last year.
A hospital system based in a Southern state has launched a search for an advisory firm to help manage its investment portfolio.
A state investment fund based in the Great Plains region will vote on a new commitment to a private credit secondaries vehicle.