The retirement system’s executive director resigned from the role after 10 years.
The retirement fund added domestic small-cap value and global low volatility equity managers to its watchlist in April.
The retirement system replaced an underperforming U.S. small-cap value equity manager last quarter.
Ampersand 2026 Limited Partnership closes with $1.5 billion in commitments.
The firm terminated a roughly $100 million mandate and will use the proceeds to support benefit payments and fund capital calls.
The authority is seeking retirement investment advisor and consulting services on behalf of its $91 million defined contribution and $22.2 million deferred compensation plans.
The firm is reportedly exploring a sale, a topic discussed by one client at an investment committee meeting today.
The retirement plan approved a private equity search to review the market for complementary funds to its existing lineup.
The retirement fund will interview four funds in its private debt manager search tomorrow.
The plan’s investment committee approved new emerging market debt and private equity investments today.