Searches And Hires
The retirement system opted to pursue entering a contract with a new private debt fund after failing to come to an agreement with a previous selection.
The city received three proposals in response to an RFP issued on behalf of the plan in February.
The board added an international bond fund option to one of its retirement plans over two other strategies.
The college is searching for a firm to grow its cash reserves through low-risk liquid investment instruments that provide competitive market returns.
The university is seeking a firm to help establish and maintain an investment portfolio for its cash flow requirements utilizing low risk portfolio strategies.
The state fund-of-funds has extended the deadline for proposals in its search for an investment consultant, which was launched earlier this year due to the upcoming contract expiration of its incumbent provider.
The hires conclude a search for managers to handle a $20 million allocation to the asset class.
The investment and operations committee approved discretionary private credit and non-core real estate partnerships at this week’s meeting.
The board was notified of a recent domestic high-yield fixed-income manager hire for two of its investment plans.
The incumbent will serve for a three-year term.