Plan will continue an ongoing review of potential alternative consulting options at next week’s board meeting.
The consulting firm is seeking long volatility and tail risk hedging managers on behalf of a $6 billion OPEB trust client.
The plan will hear presentations from two funds for recommended commitments next month.
The plan chose a new discretionary real estate consultant over its incumbent and one other finalist this week.
Plan’s investment committee approved up to $115 million in alternatives commitments this month.
The plan added two private equity fund-of-funds and real estate commitments totaling $35 million.
A Northeastern state county is seeking consulting services on behalf of its deferred compensation plans.
The district is seeking the services for its retirement plans.
Program had underperformed its custom benchmark net-of-fees since inception.
Deputy director of operations left on Sept. 16 after 24 years with the plan.