Searches And Hires
The plan opted to replace its incumbent at a board meeting yesterday.
The retirement system made up to $250 million in private equity commitments among new and existing relationships.
The plan hired two firms after finalist interviews last week.
The RFP is due to the incumbent firm’s impending contract expiration.
The approved venture capital commitments to two new investment managers within its portfolio at its February board meeting as it finds artificial intelligence is creating opportunities for the next wave of innovations.
The state disability savings plan selected its incumbent program manager and record keeper to continue to provide the services following a search launched last year.
The retirement system made a change in fixed-income managers in the fourth quarter following a recommendation from its consultant.
The school has hired an outsourced cio to oversee and manage its portfolio as well as handle portfolio construction, asset allocation, manager due diligence and risk management following a search.
The college is looking to identify a single investment consultant for its portfolio as well as its foundation after conducting a similar search for the services in 2020.
The fund is looking to hire one firm to handle its approximately $841 million insurance program.