The city is seeking the services for its roughly $169.1 million investment portfolio.
President Donald Trump’s “Liberation Day” tariffs that encompassed nearly all U.S. trading partners have sent markets into a tailspin and have managers and consultants emphasizing the benefits of diversification.
The retirement association recently committed $25 million each to private equity and credit commitments.
The firm’s first global data center fund closes with $2 billion of capital allocated.
Trive Capital Fund V closes with total commitments of $2.7 billion.
The city is seeking record keeping services on behalf of its $3.75 million 457(b) retirement plan.
The firm’s second structured capital fund closes with $400 million of commitments.
The lower middle market private equity firm’s newest funds closed at their collective cap of $1.4 billion.
The global private investment firm new president began in the role today.
The retirement system committed to funds with two new manager relationships last week.