A New England town is searching for a firm to help oversee its operating and capital funds.
A plan in the Mid-Atlantic region made a $7 million commitment to a private equity fund this week.
The plan approved an emerging markets equity manager search and new real estate pacing plan yesterday.
The plan decided to retain its general investment consultant following the issuance of an RFP in the third quarter.
The hires require board approval next month and conclude an RFP process that began in March.
The plan added a value-add and federal government leased strategy at its meeting today.
The plan hired its general investment consultant and selected two new active mid-cap equity managers.
The city is seeking a firm to establish and oversee a Section 115 trust.
The current CIO is joining Jupiter Asset Management next year.
His co-managers will continue to oversee his two funds.