Plan is seeking a third-party consulting firm to evaluate investment practices and performance.
Plan bolstered its private equity and private infrastructure allocations with commitments to two existing manager relationships.
The retirement system’s general investment consultant will return to next month’s board meeting with an international small-cap equity search.
The retirement plan is seeking a liquid diversifying strategies manager to handle a $30 million allocation.
The firm closed NB Credit Opportunities Fund II with $2.5 billion in commitments.
The search follows the plan announing the impending departure of the incumbent executive director and cio last month.
The police and fire retirement plan is seeking consulting services after approving the search in May.
The plan is seeking global and international small-cap and small- to mid-cap equity managers after approving the RFP last week.
The retirement plan filled its new private credit allocation in the second quarter.
The Equable Institute’s State of Pensions 2023 report claims that ‘pension funds are addicted to risk.’