Searches And Hires
The plan also named finalists in its private markets consultant search.
The plan also placed a domestic equity manager on watch due to underperformance.
The retirement system considered approving its general investment consultant RFP at Friday’s board meeting.
The plan previously retained its incumbent following a similar search in 2019.
The town last conducted a bundled provider search in 2017 on behalf of its deferred compensation plan.
The pension plan was notified of seven commitments totaling $2.2 billion at its Dec. 11 board of investments meeting.
The pension plan approved a new asset allocation for its Core Trust Fund this week.
The deferred compensation plan replaced two equity managers, which had been on watch, yesterday.
The plan hired Albourne as its new strategic investments consultant and brought on Aksia for its private credit portfolio.
The retirement fund will be looking to add an equity long/short strategy to its hedge fund portfolio in the first quarter.