A Midwestern state plan is seeking consultants to conduct an asset/liability study and develop an in-state equity program.
The search will be conducted this year as part of a real estate structure review, which was approved at the meeting.
The county has canceled the RFP due to low interest rates.
The departures appear to have taken place earlier this month.
The senior asset management officer was with the plan for 21 years.
The new fund will target opportunities alongside sponsors that focus on growing secondary markets and gateway cities.
A Virginia-based pension plan added commitments with new and existing managers in September and made several changes to its fund lineup over the past fiscal year.
The manager had been on watch due to underperformance.
The plan has seen two real estate investment officers depart in recent months.
The plan’s chief risk officer will take on the cio position.