The fund had been on watch for underperformance since last year but more recently abruptly replaced its lead portfolio managers.
The pension trust first hired the firm as its new consultant in 2019.
Thirdpath, a next-generation private markets solutions platform, today announced its public launch following its formation last year.
Stable Asset Management has entered into a definitive agreement to sell a portfolio of minority, net revenue-share interests in alternative asset managers.
The plan tapped an active manager after voting to move to an all-active approach for the fixed-income portfolio to achieve better long-term return prospects.
The treasury has issued its RFP seeking fixed-income investment managers for its $1.6 billion liquidity and $4.4 billion reserve accounts.
The plan’s investment committee will recommend up to $60 million across two credit funds at the next board meeting.
The firms have enhanced their partnership to expand access to institutional-quality private market capabilities across wealth and retirement channels.
The city will interview a pair of finalists to provide investment management and advisory services.
Silver Rock Capital Partners has closed on investable capital in excess of $4 billion for its latest private credit capital solutions strategy.