A shifting institutional landscape is forcing asset managers to adjust their distribution tactics, according to Cerulli Associates’ most recent report.
The pension fund approved a non-core infrastructure commitment at an investment meeting this week.
Greg Lindsey joins as managing director for client and partner solutions.
The plan is seeking distressed debt, junior/mezzanine, asset backed and/or direct lending private debt strategies.
The city last conducted a search for the services in 2020.
The city hired Public Trust Advisors to handle the services following an RFP issued at the start of the decade.
The recommended core bond hire represents “one of the final steps in realizing the restructuring of KCERA’s overall fixed income portfolio” from 2023.
The state’s division of investment is seeking heads of private equity, real assets and real estate.
The system appears to have filled the role internally.
The city is seeking a firm to provide services for its $33 million investment portfolio.