The money will be invested in accordance with the plan’s investment policy.
The authority, which issued an RFI in February as it looked to establish a cannabis investment fund, has now issued its formal RFP.
The city has issued an RFP seeking an investment consultant for its pension funds.
The plan hired a new international equity manager at its board meeting last week.
The plans have hired Empower Retirement as their new third-party administrator.
The township selected PFM Asset Management to provide various investment services for its pension funds following a search from the beginning of the year.
The plans have launched a search seeking investment consulting services.
The borough has issued an RFP seeking an investment advisor for its three pension funds.
The plan disclosed several new private commitments in addition to two absolute return manager redemptions at its meeting Friday.
The plan hired a new investment consultant following a search launched late last year.