The pension fund’s board reviewed an international equity manager search report to replace an underperforming incumbent last month.
The district approved the hire of a new investment manager for its operating portfolio.
The retirement system will look to hire three emerging markets equity managers later this month amid a portfolio restructuring.
The state pension fund approved the hire at today’s board meeting, expanding its existing agreement with its alternatives investment consultant.
Ares Management has closed its third global asset-based finance fund and related vehicles at $8.5 billion in LP commitments.
Sean Brenan has been appointed head of real estate and portfolio manager of the Cascade Real Assets Fund at Cliffwater.
A county clerk’s office is seeking the services for its approximately $1.5 billion in short-term operating and reserve funds.
The state pension fund will hire a consultant for its risk diversifiers portfolio at this week’s board meeting.
The district will consider the hire of a new investment manager for its operating portfolio and bond proceeds next week.
The pension plan has promoted Josh Diedesch to director of its total fund management division.