Searches And Hires
The retirement system has issued its RFP after initially approving the search in May.
The plan replaced one emerging markets equity manager with two new firms in June.
The real estate commitment represents a new relationship for the plan.
The pension fund will review potential alternative domestic small-cap equity managers in November.
The search is being conducted due to the upcoming contract expiration of incumbent Alaska Permanent Capital Management.
The retirement plan will conduct an invitation-only search for its discretionary private equity portfolio services.
The plans previously worked with bundled provider MissionSquare Retirement.
The retirement association also recently committed $205 million across six new funds.
The retirement system’s current manager was first hired in 2022 following a similar RFP process.
The retirement fund’s trustees asked for more information before hiring one firm as the primary consultant and a second for carve-out services following finalist interviews at today’s investment committee meeting.
