Daily Feed
The plan will review allocation options in June after receiving educations at its board meeting yesterday.
Plan is searching for a firm to advise on its investment guidelines, asset allocation and manager selection.
Plan staff and general investment consultant Verus will conduct on-site due diligence of the four firms.
The city retained incumbent Innovest Portfolio Solutions after issuing an RFP last year.
Plan hired a new active core fixed-income manager to split its overall bond allocation this week.
Plan is surveying the market for private credit and credit-related consulting services due to the evolution of its non-core fixed-income portfolio.
The plan disclosed new private equity, credit, portable alpha and real estate commitments at a meeting today.
The plan disclosed four private equity commitments to new and existing managers today.
Plan is searching for a firm to review and recommend changes to its investment policies.
The plan hired a passive international equity manager in an effort to implement a hedging program and will see their first investment officer depart next week.