The plan’s incumbent real estate consultant did not respond to an RFP issued due to its contract expiration.
Plan has issued an RFP for retirement plan advisory services related to investments.
The transaction closed mid-November, according to a spokesman.
The plan will interview three domestic mid-cap growth equity manager finalists at its February investment committee meeting.
The plan is open to core, growth and value strategies and will consider micro-cap managers.
Plan is working toward a full transition from the New Jersey Division of Investment and State Investment Council this year after taking several big steps in 2020.
Position is dedicated to expanding investment opportunities for MWBE fund managers.
A California pension plan approved the hire of a new real estate manager at its board meeting today.
The report card will grade firms doing business with the fund based on commitment to diversity and inclusion in their workforces.
He will be involved with sourcing, due diligence, monitoring and assisting portfolio advisors.