Daily Feed
The pension plan replaced a domestic large-cap value equity manager in the first quarter.
The pension system made its first traditional private equity buyout commitments in years at today’s board meeting.
The city is seeking a provider for its four defined contribution plans.
The newly created position will lead CenterSquare’s firmwide approach to data management and AI integration.
The plan approved two private credit commitments for pacing purposes at its board meeting today.
The domestic small-cap equity manager’s returns ranked below its peer group median and the strategy had low tracking error relative to the peer group.
The fund added an international equity large-cap equity manager to watch status in the fourth quarter as the strategy had underperformed the MSCI EAFE Index for the trailing quarter, one-, two-, three- and five-year periods.
The pension fund hired two firms to split a 6% allocation.
The changes aim to improve portfolio quality for the retirement system’s domestic equity sleeve with several terminations and hires.
The plan will interview two firms in its general investment consultant search.
