Searches And Hires
The plan is searching for domestic and international equity, core fixed-income and core real estate managers.
The retirement system last issued a general investment consultant RFP in 2015.
The retirement association added a dedicated infrastructure target as part of a newly approved asset allocation last month.
The search will be conducted to replace a recently terminated hedge fund manager.
The plans currently work with MissionSquare Retirement.
The commitments conclude a private credit RFP search process that was launched in September.
The retirement board made $250 million in total commitments over the last two quarters.
The retirement fund made four private equity commitments totaling $10 million in the second quarter.
The pension plan issued an RFP in April due to its incumbent’s contract expiration.
The plan added commitments with two new hedge fund managers and two existing real estate managers this summer.