Searches And Hires
The foundation liquidated a core-plus fixed-income mandate and replaced two emerging markets equity managers in the third quarter.
The plan conducted a liquid credit manager search after approving a new asset allocation policy earlier this year.
The pension plan made $734.7 million in total private equity/current return commitments and $321 million in total real estate commitments in the third quarter.
The plan is looking to commit a total of $50 million to multiple funds focused exclusively on residential real estate.
The city anticipates allocating $1 billion in pooled cash resources between two firms and the state local government pool.
The foundation added two new small-cap equity strategies during the second quarter through full and partial redemptions from two existing small-cap managers.
The recently disclosed commitments consist of private equity, private credit and private infrastructure funds.
The pension plan has committed $70 million to a new credit manager relationship.
The district is seeking investment services for its 401(a) and 457(b) plans, which have a combined $7.7 million in assets.
The selected advisor will provide non-discretionary management of plan investments.