The commitments include five new relationships for the plan.
The retirement plan currently has four global equity managers.
Global equity would be a new asset class for the plan.
The plan’s consultant began a fixed-income structure review that trimmed its active roster.
The plan is potentially looking to replace its international developed markets equity manager.
The incoming ceo joins from the largest state retirement system.
The 401(a) plan was created in 2021 after breaking away from the state pension plan.
The plan committed $50 million to an existing manager.
The Alberta Investment Management Corporation (AIMCo) today announced that it has further expanded its global footprint by opening an office in New York.
The trust’s existing consultant contract expires this year.