Searches And Hires
The plan hired two new managers and retained three at a board meeting this week.
The plan launched a search in February ahead of the March 31 contract expiration of its incumbent.
The pension plan replaced its domestic large-cap value equity manager in the fourth quarter due to underperformance.
The city is seeking record keeping services on behalf of its $3.75 million 457(b) retirement plan.
The retirement trust terminated its sole active large-cap equity manager last month for performance reasons.
The plan replaced its incumbent emerging markets large-cap core equity and global core fixed-income managers in the fourth quarter.
The retirement system expects to issue a general investment consultant RFP later this month.
The public trust fund based is expected to consider new private credit commitments to a direct lending strategy and a special situations strategy at this week’s board meeting.
Creative Planning is assisting with the search.
The district is seeking a firm to provide investment advisory services for its investment portfolio(s).