Extensive and timely coverage of the institutional industry.
The new hire will lead the firm’s defined contribution distribution team.
The plan is seeking non-discretionary investment consulting services for its more than $500 million alternatives portfolio.
Fundraising surpassed the firm’s goal in 10 months with over $500 million in total commitments.
The firm welcomed back a former team member to co-lead its emerging market debt team.
The plan’s investment committee and general investment consultant recommended a manager change following a search presentation earlier in the year.
The retirement fund terminated the manager due to underperformance.
The retirement system will also receive private markets pacing schedules this week.
The role is newly created.
Mark Kiesel has served as the firm’s cio of global credit since 2014.
The city maintains an investment portfolio averaging $40 million comprised primarily of certificates of deposit.