Searches And Hires
The plan has also cancelled its exploratory real estate search.
The deferred compensation plan replaced its international large-cap value equity manager in the fourth quarter due to underperformance.
The plan also made a real estate commitment at today’s board meeting.
The city is seeking services on behalf of its operating and bond funds.
The retirement association has issued an RFP seeking diversifying hedge fund strategies.
The search will explore the core fixed-income manager universe for its roughly $417 million allocation.
The city rehired its incumbent following a similar search in 2022.
The firm had been on watch since the first quarter of 2024.
The plan also lost its executive director to a neighboring retirement fund.
The school district is seeking a firm to handle the sale of municipal bonds