Searches And Hires
A university foundation based in a Western state has approved several commitments, including allocations to opportunistic credit and venture capital strategies.
The plan is expected to issue the RFPs next month.
The retirement association interviewed a total of six firms last month.
The retirement system approved an active international equity manager RFP last week.
The search is being conducted to comply with standard state regulatory compliance.
The plan is also searching for an emerging markets ex-China manager.
The retirement system also disclosed a high-yield bond manager hire to complete a search launched last year.
The retirement system approved a commercial mortgage-backed securities commitment last month.
The pension plan hired two equity managers and replaced its existing money market manager in the second quarter.
The city last issued an RFP for the services in 2021.