Daily Feed
The plan’s incumbent manager will see its contract expire this year.
The plan made a change in domestic core bond managers due to underperformance from its incumbent.
The district is seeking the services for approximately $80 million to $100 million in operating and capital funds.
Marcy Rappaport has joined Xponance as director of business development and consultant relations.
The plan disclosed various private credit and private equity commitments at today’s board meeting.
The plan hired three firms, including a first-time manager.
The plan committed $120 million total to two existing manager relationships this week.
The plan’s incumbent manager was recently placed on watch for underperformance.
The fund invests in opportunities across the healthcare sector.
The plan terminated an approximately $182 million long-only alpha mandate and made commitments to three existing and one new manager relationship in January.