The port authority is seeking retirement investment consulting services on behalf of its OPEB trust and defined benefit, deferred compensation and defined contribution plans.
The fund closed with $2.3 billion in total investor commitments, exceeding its $2 billion target.
The retirement system hired three global equity managers to replace its dedicated international and emerging markets equity allocations in the first quarter.
Global alternative manager today announced it is rebranding as Dawson Partners.
The retirement fund had been expected to post the RFP today.
Consulting firm’s cio joined Verus from Russell in 2013 and is responsible for the overall investment and risk output, for both discretionary and non-discretionary clients, as well as for the final determination of the firm’s overall investment positioning.
Firm has hired Christian Roth as cio of global fixed-income.
The retirement system has hired four global multi-sector fixed-income and three passive equity managers in recent months.
Joe Aguilar is the cio for Illinois State Treasurer Michael W. Frerichs, a role in which he directs seven investment portfolios spanning across public and private market investments on behalf of the Illinois Treasury’s combined $56 billion investment portfolio.
The retirement system eliminated its 6% target to the asset class this week.