Searches And Hires
The plan is seeking private equity, private real estate, private credit, public markets and compliance reporting consulting services.
The plan had been slated to issue its RFP for general investment consulting services this week.
The retirement system will consider six commitments totaling $265 million at Thursday’s investment committee meeting.
The plan added two private markets commitments last month.
The county received five proposals in response to an RFP issued on behalf of its deferred compensation plan in August.
The plan made two private markets commitments following closed session deliberations.
The retirement association’s private credit portfolio stood at 6.4% against an 8% target as of Dec. 31.
The city is seeking non-discretionary portfolio management services on behalf of its $1 billion portfolio.
The plan will search for active and passive strategies for a total of up to $1.3 billion.
The pension plan will issue the RFP in September as its current contract has exceeded five years.