Searches And Hires
The pension fund will become the initial investor in a new domestic mid-cap value equity strategy.
The city has reissued an RFP seeking managers for its investment accounts that have an aggregate market value of approximately $6.8 billion.
The retirement fund also reupped with its incumbent general investment consultant at today’s board meeting.
The plan is seeking one or more mandates to fill a 2.5% carveout to non-core real estate.
The district is seeking a full-time non-discretionary investment advisor.
The state conducted a search in July for its various pension plans and endowments.
The pension plan approved the addition of three new strategies with its retirement plan fund lineup at its March meeting.
The retirement system will allocate $450 million with the new international equity manager.
The deferred compensation plan replaced its domestic large-cap value equity manager in the fourth quarter.