Extensive and timely coverage of the institutional industry.
The city expects to commence a new contract on July 1.
The trustees failed to decide on commitments in a non-core real estate search after opposing motions that followed finalist interviews.
The retirement system also approved new target allocations for its public equity managers at today’s investment committee meeting.
The city is seeking a firm to provide the services for its short- and long-term portfolios.
The plan’s retirement administrator will also retire this year after 32 years.
The plan selected a new investment advisor in 2021 following a similar search.
The director of investor relations has been with the firm since 2023.
The district last conducted a search for services in 2018.
The fund recently with more than $850 million in capital commitments from existing and new investors, exceeding its $800 million target.
The university is seeking an investor to join its investment office and serve as a generalist, sourcing potential investment opportunities, conducting due diligence and maintaining relationships with current and potential firms.