Daily Feed
The authority is seeking firms to form a privately held debt fund.
The plan terminated the manager during closed session of its meeting last week.
Plan will hear presentations from four value-add real estate finalists at next month’s board meeting.
The new policy increases the plan’s equity targets and reduces its fixed-income target.
Pension plan boards and their investment consultants discussed the impact Russia’s invasion of Ukraine will have on the markets and their portfolios.
The promotions come ahead of the retirement of current CIO Dale MacMaster.
The plan added two commitments with new and existing managers yesterday.
Firm hired a new head of business development from First Eagle Investments.
The plan will issue RFPs this year to comply with standard state procurement laws.
He will lead the expansion of Cantor Fitzgerald Asset Management, which is seeking to increase its footprint in client-focused outperforming strategies.
