The firm’s new head of tactical asset allocation joins from Wellington Management Company.
Selected firm will handle services that include developing and implementing sound investment strategies.
The deferred compensation plan elected to remain with its incumbent record keeping and administration provider this week.
Thomas Darnowski has been promoted to the role effective Jan. 1.
The retirement association will look to fill new targets to non-core infrastructure and TIPS in the first half of 2025.
The retirement system is searching for an investment officer to help oversee its $78 billion private equity portfolio.
Chris James has been appointed global head of tactical opportunities as David Blitzer transitions to chair.
The plan had placed Western Asset Management on watch earlier this year.
The county rehired the investment consultant that serves on behalf of its defined benefit plan, OPEB trust and LOSAP program trust.
The retirement system will conduct a full search for emerging managers-of-managers after reviewing a consultant presentation on available options at today’s meeting.