Daily Feed
The plan made a hire in its search seeking investment management services for proceeds of a $60 million bond sale.
The plan will review an asset allocation peer comparison at its meeting this week.
The county expects to award a contract between May and June.
The fund surpassed its $2.75 billion fundraising target.
The college has announced its deputy cio will succeed its first full-time investment head on July 1, when the cio will assume the title of senior advisor to the investment committee before retiring at the end of 2023.
The plan anticipates selections in the non-discretionary and discretionary portions of the search to take place in May and August, respectively.
Plan is searching for a multi-asset credit manager to fill a maiden allocation to the asset class.
AAM will become the U.S. retail distribution arm of SLC Management, Sun Life’s institutional alternatives and fixed-income asset management business.
The plan could look to add private equity as current valuations begin to decline.
The plan will receive a recommendation to approve a new manager structure for the asset class that will result in eliminations and subsequent searches.
