Daily Feed
The decision followed finalist interviews with two firms at last month’s board meeting.
The firm appointed its president of EMEA and global head of institutional banking and markets as co-presidents of asset serving as the current head is set to retire after 40 years at the firm.
The newly integrated division is now one of the largest in the country for institutional advisory services, strengthening retirement, outsourced cio and endowment capabilities across a unified national platform.
The pension fund terminated a pair of underperforming international equity managers last month.
The pension plan hired two infrastructure managers at today’s board meeting.
The district made a hire in its search for consulting and investment advisory services for its supplemental pension plans for management and union employees.
The plan will put three mandates out for bid next year.
The fund hired an individual to lead its co-investment and direct investment program, which began last year as part of an updated strategic plan.