Plan is searching for investment management firms, or a pool of firms, to create and manage one or more portfolios.
A West Coast county sanitation district has concluded its RFP seeking pension trust services.
The town’s board hired a firm to provide investment management services for its pension plan, taking over the duties previously handled by the pension committee.
The plan is relaunching the search to allow for a longer response time after first issuing the RFP in March.
The plan’s full board approved new commitments to existing private markets managers at its meeting last week.
Charles Spiller will retire next year after more than two decades with the plan.
The plan is considering conducting a general investment consultant search for due diligence purposes and will pick up discussions later in 2022.
The plan has earmarked its calendar for January to receive private equity and real estate manager presentations for potential commitments.
Plan’s investment committee added its incumbent as a fourth finalist in a search for consulting services.
The plan intends to rehire its incumbent general investment consultant.