Daily Feed
The retirement system made infrastructure and private equity commitments totaling $295 million last week.
The town issued an RFP in April due to purchasing regulations.
The rebranding aligns the firm’s growth with its strategies that span industries and geographies.
The plan added an international large-cap value equity index manager last month.
The commitments include two new manager relationships for the council.
The plan is looking to invest up to $35 million across the two strategies.
The city will go into negotiation with the top-ranked firm in its investment manager search.
The city is seeking the services for its defined contribution and deferred compensation plans with $877 million in total assets.
The pool is seeking the services across two bond investment mandates.