The plan committed to a new credit manager earlier this month.
The plan approved a core-plus fixed-income manager search and terminated its hedge fund-of-funds mandate as the result of a new asset allocation policy.
The plan authorized two private equity fund-of-funds searches and terminated two managers within its diversified strategies portfolio as the result of a new asset allocation policy.
The firm promoted three members within its direct lending platform and one member within its tradable credit unit.
The plan disclosed $668 million in total commitments with one new manager and twelve existing managers in the fiscal second quarter.
He joined the firm’s board of directors last week after retiring from the Minnesota State Board of Investment in 2022.
He oversees sales efforts for the intermediary channel in the Northeast territory.
The city awarded the contract to the plans’ incumbent general investment consultant last month.
The plan committed to an existing real estate manager this week.
He has been an investor in and senior advisor to the firm for the past six years.