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The retirement system disclosed $100 million in alternatives commitments finalized last month.
The hire will save the plan over $1 million in fees annually.
The retirement system is considering a replacement search for an underperforming manager.
The retirement system terminated its international all-cap manager due to underperformance.
The firm’s newly launched credit platform brings together MV Credit, WhiteStar and Clearlake’s existing credit business under one unified offering.
The city is seeking an investment advisor for its temporary idle cash.
The plan changed its investment consultants for the first time in over 20 years.
Four firms will be interviewed over the next two days.
The authority hired a consultant in its retirement plan investment advisor and consulting services search.
The agency will shift roughly two-thirds of its investment portfolio to a new active investment advisor.