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Firm hired a managing director and head of private credit to expand the asset class program.
The retirement plan saw a longtime investment strategist retire at the end of the second quarter.
The village is seeking a firm to provide fiduciary and investment advisory services for its 457b plans.
The authority has issued an RFP seeking administration and record keeping services for its defined contribution plans.
The plan also upped its infrastructure target as part of asset allocation changes approved last quarter.
The plan committed to two private equity strategies and a maiden infrastructure investment.
The plans conducted a similar search in 2021.
The plan disclosed recent commitments from both the public and private markets.
The plan approved a $50 million commitment at a meeting today.
Gideon Berger and Min Htoo, former co-cios at Blackstone Alternative Asset Management, founded LuminArx Capital Management in January.