Searches And Hires
A nonprofit based in a Southern state has started a search for an investment manager to help oversee its endowment.
A nonprofit based in London has issued an RFP for one or two investment consultants for its traditional investment portfolio and socially responsible investment portfolio.
The deadline for proposals in the search is Aug. 15.
The plan eliminated its short-duration fixed-income and TIPS allocations through manager terminations approved last month.
The commitments made earlier this month include a first-time manager for the plan.
The retirement system added $350 million in alternatives commitments in the first quarter.
The retirement fund is seeking closed-end value-add or opportunistic equity private real estate funds.
The pension plan made commitments totaling $110 million last week.
The search is part of an asset allocation implementation plan.
The retirement system will consider placing its international small-cap core equity manager on watch at Friday’s board meeting.