Daily Feed
A township has issued its RFP seeking an investment advisor for its two pension plans.
The plan is conducting the search as it looks to make its first investment in the space.
A new report from asset management data and research provider Cerulli Associates indicates an anticipated high demand for ESG strategies, especially among public defined benefit plans.
Plan will seek real estate managers in the coming months and has scheduled emerging markets small-cap equity finalist interviews for August.
Plan selected a domestic small- to mid-cap equity emerging manager this week.
He will oversee operations, technology, data governance and architecture, change management and strategic vendor oversight.
The plan bolstered its private equity portfolio with the approval of a commitment at today’s meeting.
The assistant ceo will leave the plan and relocate to Washington.
A California plan concluded its private real estate search with the hire of two managers.
The two private equity commitments were made for pacing purposes.