Daily Feed
The plan previously worked with general investment consultant Segal Marco Advisors.
The plan introduced new investment grade credit and private credit allocations as part of changes resulting from an asset/liability study.
City completed a 2022 search for portfolio management services of its $50 million portfolio.
The private debt firm exceeded its fundraising target of $2.25 billion.
The plan will look to add private credit, re-establish its private equity portfolio, add complementary real estate strategies and evaluate its domestic equity portfolio this year.
Plan has launched a private credit RFP intended to fill a maiden allocation to the asset class.
The new targets include the elimination of an emerging market debt allocation.
The series positions the firm to leverage its global growth investing capabilities.
She joined the firm this month from Sandbox Industries.