Daily Feed
The new office will initially support KKR’s real estate, private equity, private wealth and institutional client relationship teams.
The trust split its domestic large-cap value equity allocation with an additional manager hire last quarter.
The fund represents the firm’s largest to date after it exceeded a $5 billion target.
The plan’s new private markets allocation will consist of one-third private equity, one-third private debt and one-third real estate/real assets.
MissionSquare Retirement currently provides record keeping and administrative services for the authority’s plans.
The selected general investment consultant will serve from Oct. 1 through Sept. 30, 2024.
The retirement system has filed a civil complaint against former general investment consultant Aon Investments USA stemming from an error in the reporting of investment performance results.
The county is looking to hire one or more fixed-income managers to handle $600 million.
The plan approved a recommendation from its audit committee on a new general investment consultant this week.