A Texas school district is searching for a firm to oversee portions of its general operating, debt service and bond proceeds funds.
The plan made commitments to two new funds offered by existing managers.
The plan increased its real estate allocation to improve returns.
The current retirement plan administrator is retiring on Nov. 1.
The plan will launch searches for general, private equity and real estate consultants later this year.
They will oversee financial sponsors, debt capital markets and principal finance.
She will also serve as the firm’s first head of diversity, equity and inclusion.
The cio is joining a private credit fund in the same capacity.
Institutional investors continue to take stock of their exposure to Russian-related assets and assess options as the country’s attacks on Ukraine escalated today.
The consultant will conduct an asset/liability study and develop an in-state equity program for the plan.