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The plan is looking for non-core fixed-income strategies enhance its portfolio.
The plan is conducting the search to comply with state procurement laws.
The plan moved an emerging markets equity mandate to a passive account while it determines its long-term direction for the assets, which could ultimately remain passive.
The city is also looking to establish a deferred compensation committee as part of the RFP process.
Multi-boutique manager platform Spouting Rock Asset Management has agreed to acquire Stewart Asset Management.
The city hired two firms to manage a portfolio made up of cash, enhanced cash and fixed-income in July.
The plan hired Meeder Investment Management for its $529 million in funds.
The plan’s new investment officer joins from an East Coast pension fund.
Investment consultant NEPC today announced the election of seven new partners and the promotion of eleven new principals across the firm.
The plan will make a decision on its ongoing long/short hedge fund search.