Daily Feed
The plan intends to issue RFPs for active core fixed-income and domestic small-cap value equity managers next month.
The plan made hires following finalist interviews last week, concluding two RFP searches.
The plan has not made a new commitment to private equity since 2014.
The plan’s cfo has been serving as its acting cio since last year.
The firm raised a record $5.2 billion of capital commitments for the fund.
The county expects to select a firm at its Oct. 9 governing committee meeting.
The plan added a value-add real estate commitment to its portfolio.
The plan is looking to hire a small- to mid-cap growth equity manager to handle $85 million.
The fund revised its target asset allocation at its board meeting last week, increasing its exposure to fixed-income and private debt at the expense of real estate and global tactical asset allocation.