The plan will look to commit up to $50 million to infrastructure managers either through existing relationships, MWDBE managers or through a search for products in the market.
The plan recently approved a new target allocation to private infrastructure.
The state 457 plan is seeking a consultant to assist with an upcoming record keeper search.
The Diverse Asset Manager Initiative’s annual survey finds investment consulting firms are still predominantly white and male.
The plans opted to move their mid-cap core portfolios to index funds for the foreseeable future.
The plan made recent private equity, venture capital and real assets commitments.
County is seeking a firm to maintain plan documents, provide trust and custody of funds as well as record keeping services for its 457 plans.
The plan replaced its incumbent consultant, which it worked with since 2017.
The plan has issued an RFP seeking administration and record keeping services.
The plan approved the addition of a real assets manager to its portfolio, which will result in the termination of one of its MLP managers for funding.