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A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
The plan added a new asset class after receiving an updated asset class assumption report.
The recommendation will come from its general investment consultant later this month.
Plan wrapped up its general investment consultant search following a pair of finalist presentations.
A California pension plan has launched an RFP for a private equity consultant.
They will be responsible for all business activities in Greater China, Singapore, Australia, Japan, India and Korea.
His responsibilities will be absorbed by existing team members.
They will support West Coast institutional investors and deliver the firm’s multi-boutique investment offering.
The plan is seeking a firm to provide a standardized Diversity, Equity, and Inclusion (DEI) measurement and scoring solution.
The investment advisor will provide services for the district’s two defined benefit plans.
