Daily Feed
The town decided to stick with its incumbent advisor after issuing an RFP in the second quarter.
The plan is seeking firms that offer core and specialized private equity consulting services.
The plan made two maiden private equity commitments after receiving educations on the asset class in April.
The plan is seeking a firm to provide investment management services for its stable value pooled trust fund.
The new ceo will retain his previous responsibilities as a field consultant, while its former ceo will serve as chairman.
The plan hired two new managers and disclosed five commitments at yesterday’s board meeting.
The authority is searching for a firm to assess market performance and allocate assets.
The plan authorized staff to issue the RFP in November and committed to an existing buyout manager at yesterday’s board meeting.
The portfolio manager joined the firm this month and is responsible for overseeing global bond portfolios.
The firm added a consultant to focus on client service, investment policy, asset allocation and manager structure implementation last month.