Searches And Hires
The state trust fund has hired a new real estate manager to handle investments in a core real estate index fund and a secondaries fund.
The plan is seeking help in developing a customized private markets consultant RFP.
The retirement system will conduct a full search for emerging managers-of-managers after reviewing a consultant presentation on available options at today’s meeting.
The plan also terminated its mandate with Western Asset Management at today’s board meeting.
The pension had launched a search for a new manager in May.
The university has allocated approximately $15 million to a passive strategy that invests in the Bitcoin digital asset.
The county deferred compensation and defined contribution plans swapped out an incumbent core-plus fixed-income manager under scrutiny from the SEC.
The retirement system added a trio of domestic core-plus fixed-income investments at last week’s board meeting.
The city received seven proposals in response to an RFP issued in June.
The pension plan committed $120 million total to two existing manager relationships in the third quarter.