Daily Feed
The plan’s investment committee voted today to rehire its incumbent real estate investment consultant.
The plan committed to private equity and private debt for pacing purposes.
The search is due to the upcoming contract expiration of its incumbent, which saw its contract extended by a year to allow for the search.
Firm’s new managing director of capital formation will serve in the private equity group.
The plan hired two managers after interviewing a total of four finalists last month.
The search will have a focus on the large-cap market segment.
Plan is seeking a consultant to provide services related to diversified strategies and/or hedge fund investing.
The plan is seeking one or more firms to provide non-discretionary consulting services for three asset classes.
The plan is seeking two or more managers to handle roughly $2.9 billion.
The pension plan hired a new domestic small-cap growth equity manager to replace its incumbent due to underperformance.
