Daily Feed
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.
The senior investment officer will help administer the systems’ three defined benefit retirement plans.
The county issued an RFP in February due to the contract expiration of its incumbent.
The plan will work with Precision Pension Administration.