The commitment is consistent with the pension plan’s goal of adding geographic diversification to its core real estate portfolio.
The retirement system has launched its search for its next executive director.
Luke McCarthy has joined the credit team at Homestead Capital as a director.
The retirement system approved infrastructure and private credit commitments at a meeting today.
The $109.6 million pension plan is searching for a firm to provide investment advisory and custodial services.
The pool previously issued an RFP in 2024 but canceled the search earlier this year.
The authority is seeking a firm to provide day-to-day administration of its investment portfolio.
The retirement fund issued an RFP last month and previously rehired its incumbent in 2016.
The retirement system is working with its general investment consultant to conduct a search for strategies.
The plans hired a new investment consultant yesterday after issuing an RFP in January.