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The average U.S. corporate pension funded status fell to 98.5% from 102.5% in the second quarter.
The town has issued an RFP seeking bundled provider services for its multiple plans.
Plan added $30 million across two real estate commitments with existing manager relationships.
Plan will issue an RFP seeking one core and one core-plus fixed-income manager to each handle 12% allocations on Tuesday.
The township has issued an RFP seeking investment consulting services for its 401(a) and 457 plans.
Plan approved a $7 million investment in a credit hedge fund at today’s board meeting.
Shore Capital Partners Food and Beverage Fund II closed with $292 million in commitments.
New York-based Varagon specializes in directly originated senior loans to private equity-backed U.S. middle market companies.