CIO Jonathan Grabel recently rehired the trust’s public markets passive manager and the pension plan made a $270 million private equity commitment this week.
The deferred compensation plan hired two domestic equity managers to replace existing mandates with the same firm yesterday.
The pension plan hired a private equity consultant to help implement its maiden 5% target to the asset class today.
The pension plan recently added two senior investment analysts.
The alternative asset manager has formed a three-member private credit team.
The plan will consider hiring two domestic equity managers to replace existing mandates with the same firm.
The municipality expects to award a contract within 45 calendar days.
The plan hired a manager to implement its maiden 3% target to private debt as part of a new asset allocation policy in March.
The district received four proposals in response to its investment advisor RFQ.
The plan replaced both its passive equity and fixed-income mandates with Vanguard Group as well as its sustainable equity mandate with Neuberger Berman in February.