Daily Feed
Plan decided not to fund the mandate due to the ongoing Russia-Ukraine war.
The system is searching for a firm to manage its other post-employment benefit trust.
City has hired a firm to serve as an investment advisor and custodian for its $150 million portfolio.
Plan approved a follow-on growth equity commitment to a JMI Equity last month.
Plan made private equity and real estate commitments totaling approximately $250 million at this week’s meeting.
The plan will receive a search report from its general investment consultant next month after opting to terminate its existing manager, which had been on watch for performance since 2019.
The plan made a follow-on commitment to Belay Investment Group.
City is searching for a record keeper for three of its deferred compensation plans.
He will serve as co-cio before becoming sole cio in the third quarter.
The signatories have a combined total of $4 trillion in assets under advisement and $2.5 trillion in assets under management.