Daily Feed
The county received two proposals in response to an investment advisor RFP issued in March due to its incumbent’s contract expiration.
The plan made a hire last month after issuing an RFP for advisory and investment consulting services in April.
The districts issued an RFP earlier this year to consolidate to a single provider.
The plan conducted the searches due to mandates impacted by the Energy Discrimination Act of 2022.
The firm raised $397 million to invest in expansion stage healthcare companies.
The plan expects to conduct an RFP for private debt managers for pacing purposes.
The plan has been discussing investing in private credit since the fourth quarter.
Andrew Spellar has served as cio of the $4.6 billion Fairfax County (Va.) Employees’ Retirement System since 2015.
The pension plan hired two domestic large-cap growth equity managers as part of an ongoing shortlist search and terminated two existing managers.
The plan hired a new investment manager for its $10 million in assets.