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The plan committed to two value-add real estate funds at today’s board meeting.
The plan has opened searches for active global and emerging markets equity managers.
The plan also made two follow-on private equity commitments.
The plan’s real estate committee approved four commitments in August and its hedge fund committee terminated an existing mandate in July.
The hire concludes a search launched in April due to the contract expiration of the district’s incumbent.
The city last issued an RFP for the services in 2018.
The city issued an RFP earlier this year after not previously utilizing a consultant.
The plans launched a search in June to review the services with their incumbent.
Global multi-boutique asset manager Pacific Current Group has acquired a minority equity stake in a women- and minority-owned private credit manager.
The plan issued an RFP earlier this year due to the firm’s contract expiration.