Extensive and timely coverage of the institutional industry.
The deferred compensation plan hired an active domestic core fixed-income manager to complement its U.S. bond option today.
The retirement system’s current emerging markets equity manager was first hired in 2019.
The selected firm will handle the city’s various accounts totaling $716.6 million.
The new co-head has been with the firm since 2010.
BPC Opportunities Fund V raised over $750 million while the firm’s inaugural BPC Real Estate Debt Fund raised $545 million.
The pension plan’s general investment consultant will see its contract expire next year.
The investment board expects to appoint an executive director next month.
A $5 billion county pension fund lost its cio and executive director in the last two months.
The plan is looking to fill a role previously held by Dan Bienvenue, who joined General Atlantic as a managing director in April.
The county is searching for an investment manager to oversee its roughly $61 million investment portfolio.