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The firm has hired a managing director to focus on managing and developing CLO investor relationships.
The pension plan will review its domestic core fixed-income manager search at an April 26 board meeting and selected a new executive director last month.
The pension plan approved new structures for its infrastructure, non-U.S. equity and real estate portfolios last week.
The county is looking for a firm to supplement its treasury staff with management of approximately $2 billion.
The plan made the commitment at its board meeting this month.
The new brand, known as Nomura Capital Management, will combine Nomura Group’s public and private credit offerings.
The search complies with standard state procurement laws.
The middle market private equity closed the oversubscribed fund with approximately $1.4 billion in commitments.
The plan is seeking an intermediate fixed-income manager within its stable value fund investment option.
The firm closed its private credit fund with more than $1.35 billion.