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The retirement system will interview three firms at its board meeting tomorrow.
The fund will target value-add opportunities within the U.S. multifamily sector.
Eric Jaffe was appointed ceo of BCA Research in November 2023, where he is responsible for leading the Montreal-based global investment research provider and guiding the firm through its next phase of growth.
The plan eliminated its TIPS target as part of a new asset allocation policy approved in March.
The retirement fund will interview three finalists in its general investment consultant search next week.
The retirement systems first initiated a search for a new executive director in the third quarter.
The defined contribution plan’s current consultant contract is set to expire.
The commitment represents a new manager relationship for the retirement system.
The plan expects to issue an award notice on July 18.
The retirement system diversified its domestic bond portfolio with the investment on April 1.