The six board members calling for the termination of the plan’s executive director and cio have withdrawn their motion.
The plan will interview two international small-cap equity managers at its next board meeting.
Members of the plan’s board of trustees issued a letter calling for the termination of the executive director and cio.
The township made a hire in its investment management and advisory services search for its pension plans in April.
Seth Kelly has resigned as cio of the Pennsylvania State Employees Retirement System.
The plan expects to issue its general investment consultant RFP later this month.
The plan disclosed two private equity commitments totaling $125 million at a board meeting today.
The plan hired two managers to handle its new collateralized loan obligations allocation at a board meeting today.
The plan has launched a search seeking core-plus fixed-income managers to handle up to $10 million.
The plan voted to rehire its incumbent core fixed-income manager at a meeting today.