The plan added a commitment to a firm’s sixth fund in a series after previous commitments to the preceding two funds.
The plan will conduct searches in several fixed-income and credit sectors following a portfolio restructure stemming from an overall asset/liability study.
County conducted a similar search for a portion of its investment portfolio in 2019.
Firm hired a managing director and head of private credit to expand the asset class program.
The retirement plan saw a longtime investment strategist retire at the end of the second quarter.
The village is seeking a firm to provide fiduciary and investment advisory services for its 457b plans.
The plan disclosed recent commitments from both the public and private markets.
Private equity buyout fund manager Revelstoke Capital Partners has completed successful fundraising for its third flagship fund.
At least one client approved the transition in June.
The plan agreed to redistribute its dedicated emerging markets equity allocation to developed markets equity, private equity, private credit and commodities this week.