Plan is searching for investment management consulting services on behalf of its 457 deferred compensation plan.
The airport authority made a recent hire in its search for administration and record keeping services for its 457 Deferred Compensation Plan and 401(a) Defined Contribution Plan.
Two new members have joined the plan’s investment team following recent departures.
The plan eliminated a nearly $300 million frontier markets equity portfolio and made commitments of more than $2.1 billion in the fourth quarter.
The fund is seeking firms to handle a portfolio of private placement corporate bonds as well as securitized credit investments.
The plan approved a hire at today’s board meeting following an RFP issued in December 2019.
The plan is seeking an independent investment advisor to advise on the management of its assets.
Plan expects to issue the RFP next month due to the contract expiration of its incumbent.
The plan approved commitments to private credit and non-core real estate at a meeting today.
The plan will hear from two private markets firms at its meeting next month after approving the pacing plan today.