The plan named a new managing investment director for global fixed-income.
Today, we proudly unveil our seventh annual special edition of FIN Daily, dedicated to honoring Juneteenth.
Total assets managed by Black-owned asset managers has surpassed $300 billion, new data from FIN Searches shows.
The plan is looking for providers for its approximately $85 billion index portfolio.
The plan also made slight adjustments to its asset allocation at its meeting this week.
The plan promoted Private Equity Chief Anton Orlich to deputy cio for private markets and tapped a CPP Investments veteran to lead its Total Portfolio Approach efforts.
The retirement system has leaned on both its investment consultant and peer institutions as its seeks to build out its investment office.
The plan is replacing an existing equity manager and making its first private equity investment since 2019.
City Comptroller Mark Levine has directed the Bureau of Asset Management to bring $750 million in investments to the five pension boards as part of a $4 billion plan.
The area native will be responsible for manager research, asset allocation modeling and risk analysis across the portfolio.