Plan’s investment committee approved a pair of real assets commitments subject to full board approval next week.
Plan hired a new active domestic small-cap value equity manager to replace an index fund investment this week.
Plan hired a new general investment consultant and consolidated its alternatives consultant relationships with a single firm as the result of a search conducted in the first half of the year.
Authority is seeking a consultant on behalf of its 457(b) and 401(a) plans.
Plan has issued its RFP following investment committee approval earlier this month.
Plan will retain its existing investment consultants as the result of a search launched last quarter.
Plan will recommend a single firm for hire next month following semifinalist interviews scheduled for this week.
Plan hired its first active investment manager as it targets the commencement of its consolidation efforts for the fourth quarter.
Plan hired its first investment officer from a Chicago pension plan this month.
Plan will issue an investment committee-approved general investment consultant RFP next week.