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Three emerging managers-of-managers will handle a total of $1 billion.
The $2.4 billion Pennsylvania Municipal Retirement System’s secretary has retired, effective Oct. 9.
PineBridge will add a 40-member real estate team to its roster.
Two transportation agencies on the West Coast have retained their investment advisor following an RFP search process.
Plan concluded a search for value-add real estate funds with a pair of commitments at today’s board meeting.
The plan recently hired a new general investment consultant, which will introduce new asset classes for potential inclusion.
A pension fund on the West Coast has terminated two non-U.S. equity managers and may consider replacement searches next year.
The plan’s current executive director will retire in March 2021.
The plan will remain with its incumbent after interviewing finalists earlier this month.
