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Institutional investors continued the push to divest themselves of Russian assets more than a week from the start of that country’s invasion of Ukraine.
The program hired a firm to provide third-party administrator services for a 457 deferred compensation plan following an RFP.
The plan and its general investment consultant will present private credit search criteria for approval next month.
Plans added roughly $43.5 million in commitments across five funds this week.
He will support CEO Mark Steinberg in implementing firm strategy.
New relationship manager begins this month and is based in Chicago.
The plan approved up to $400 million to existing private equity managers at today’s meeting.
City selected a firm over the $488.1 billion California Public Employees’ Retirement System.
He will lead a global team tasked with providing solutions for HMC’s existing investors as well as developing new limited partner relationships.
Firm added a senior research analyst and a client analyst earlier this year.