A foundation based in a Mid-Atlantic state has issued an RFP seeking an investment manager.
The plan added a private credit commitment with an existing manager and named its new executive director today.
The plan expects that the selected firm will handle an up to $20 million mandate.
The plan has selected finalists for two of its ongoing manager searches.
The plan is conducting the search due to the contract expiration of its incumbent.
The plan has issued an RFP for direct lending strategies as it is currently underweight to private debt.
The new MD focuses on the financial services sector.
The current CIO is retiring in January.
A West Coast county has canceled its RFP seeking administration services for a combined Section 115 OPEB and Pension Pre-funding Trust.
He will oversee the investment team on asset allocation, portfolio structure, and fund strategies across all traditional asset classes.