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The plan concludes a consultant search that began in August.
The plan approved its consultant’s recommendation to implement new equity asset class target weights approved in September.
Plan’s exposure to the cryptocurrency exchange represents less than 0.01% of the total portfolio.
The Korea Investment Corporation has taken a stake in direct lending credit manager Golub Capital, the sovereign wealth fund announced.
Traditional publicly traded U.S. asset managers have continued on a steady decline in revenue and assets for a third consecutive quarter.
The district is seeking third-party administrator services for its 403(b) and 457(b) plans.
The city decided to continue with its incumbent investment manager following a search launched in September.
The plan eliminated its $1.4 billion internally managed global REIT allocation to meet the objective of its real assets portfolio.
The firm added the former investment officer of a West Coast pension plan this month.
Plan’s investment committee selected one core fixed-income manager and one core-plus bond manager at today’s meeting.