Searches And Hires
The college savings plan selected its incumbent program manager to lead the selection and monitoring of investment options following an RFP process due to the firm’s impending contract expiration.
The fund is seeking a single platform to handle a minimum 3% allocation following search approval at today’s board meeting.
The city is seeking a non-discretionary investment manager for its $100 million investment portfolio.
The plan added $10 million to senior direct lending across two commitments last month after making two similar commitments one month earlier.
The deferred compensation plan terminated one of its diversified emerging markets equity managers due to low participant usage and underperformance.
The RFP was slated to be issued to comply with standard state procurement laws.
The plan disclosed recent private equity, private credit and real estate commitments.
The search is part of standard state procurement laws.
The city will consider discretionary investment advisors.
The retirement fund adopted the new targets after receiving an asset allocation study at a meeting this week.
