The plan is evaluating 28 integrated oil and gas companies as part of its climate action plan.
The plan is seeking one or more global equity managers to replace a $174 million investment, which was liquidated at yesterday’s board meeting.
The plan approved a futures overlay manager search to remove its cash drag and also hired a new infrastructure manager yesterday.
The plan will invest up to $1 billion in future Aimco-led multifamily developments.
The plan concluded two manager searches this week.
He joined the firm this week from Greenhill & Co., where he served as an analyst.
The firm added three new hires and promoted an associate to v.p. this month.
The search for a new investment officer stems from the plan’s increased workload.
She has left the firm to join Alliant Retirement Services.
The plan will reduce its total alternative and equity targets to fund the new asset class.