The advisor will provide services for the county’s $510 million long-term core and $104 million long-term multi-asset class investment portfolios.
The retirement system terminated its incumbent domestic small-cap core equity manager earlier this year.
U.S. public pension plans have successfully navigated market turmoil throughout the 21st century by reallocating their traditional investment portfolios and introducing new asset classes, according to new research.
The pension plan approved an up to $50 million commitment and a private credit pacing plan this week.
The pension plan approved a fiscal year 2026 asset allocation policy for three of its systems at this week’s board meeting.
The new president will be responsible for delivering investment performance and client growth to expand MetLife Investment Management.
Tim Stanton has joined PanAgora Asset Management as managing director and head of global distribution.
The pension fund made the decision following a search presentation from its general investment consultant in April.
The hire concludes a shortlist search that resulted from a global equity restructuring last month.
The retirement system’s cio will retire at the end of this month.