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The retiree health care trust fund is interested in complementing or replacing its existing core-plus bond managers.
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.