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The foundation has established a target allocation for impact investments after deliberating on the subject since last year, when it invested in an impact fund.
The plan also added two EAFE equity sub-managers to its emerging manager-of-managers portfolio.
Mercer has reached an agreement to acquire Vanguard Institutional Advisory Services’ outsourced cio business, including its more than 1000 clients and 120 team members in the first quarter.
The pension plan hired three REIT managers to evenly split a $250 million allocation.
He leads the firm’s Toronto-based capital raising team.
The managing director will oversee a newly established in-house real estate group.
The plan made hires in the two searches at a Nov. 15 special board meeting.
The city is looking for a firm to oversee its $69 million in non-pension funds.
The retirement system disclosed recent private equity and infrastructure commitments from the beginning of the fourth quarter.
The current consultant will see its contract expire on June 30.