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The plan also approved a new international equity structure and a real estate pacing plan at today’s board meeting.
The firm has appointed Christopher Wright as president effective immediately.
The pension plan approved three commitments totaling $175 million and a private credit pacing plan this week.
The pension plan selected nine real assets equity managers for possible inclusion within its investment lineup today.
The pension plan committed up to $30 million to an existing manager relationship.
The city is seeking a firm to invest available funds on a discretionary basis.
She joined the firm in 2020 to lead the firm’s sales and business development efforts and marketing and client services team.
The plan recently saw the retirement of its former deputy executive director.
While Juneteenth was officially made a federal holiday in 2021, it appears that investment managers and consultants have not come to a consensus on ways to celebrate the day within their organizations.
There are 33 Black-owned investment management firms with more than $1 billion in assets under management responsible for an aggregate total of $272.2 billion, FIN Searches data shows.
