Daily Feed
The plan currently has $64 million invested in stable value within its participant-directed plans.
The plan recently hired four hedge fund managers as part of its transition to a direct investment model.
The plan narrowed its domestic small-cap value equity search to three finalists and concluded its diverse fund-of-funds search.
Plan selected a maiden private credit consultant following finalist interviews held this week.
The plan committed a total of $350 million across two commitments at today’s meeting.
The plan had made allocations to two funds managed by the firm in the fourth quarter of 2021.
The firm added a portfolio manager/investment analyst this week.
The district made a hire in its search for a firm to invest funds for portions of its general operating, debt service and bond proceeds funds.
He joined the firm last month from New Energy Solar Manager, where he served as cio.