The plan will target core/core-plus and non-core real estate this year.
The fund’s consultant is concerned with its underperforming international equity manager.
The retirement association is interested in North American small- to middle market buyout managers.
The retirement system hired a new investment consultant after interviewing four finalists this week.
The incoming deputy director is currently the pension manager for two Florida plans.
The pension fund concluded an RFP process for international core and value equity managers.
The hire will save the plan over $1 million in fees annually.
The retirement system is considering a replacement search for an underperforming manager.
The retirement system terminated its international all-cap manager due to underperformance.
The plan changed its investment consultants for the first time in over 20 years.