Extensive and timely coverage of the institutional industry.
The plan’s board voted today to replace the incumbent with a comparable provider.
The pension plan approved a new asset allocation for its Core Trust Fund this week.
The plan committed up to $100 million across two private equity funds this week.
The $350 million fund is seeking discretionary investment advisory, management and reporting services.
The deferred compensation plan replaced two equity managers, which had been on watch, yesterday.
The plan hired Albourne as its new strategic investments consultant and brought on Aksia for its private credit portfolio.
The retirement fund will be looking to add an equity long/short strategy to its hedge fund portfolio in the first quarter.
The plan also concluded its emerging markets ex-China equity search at a meeting this week.
The retirement system is seeking additional investment staff due to portfolio increase and complexity.
The new hire will manage the firm’s approximately $25 billion real estate debt portfolio covering roughly 380 assets in the U.S.