The retirement system launched a search for the new position in the first quarter.
The plan approved credit and real assets commitments at today’s board meeting and will consider a private equity commitment next month.
The plan is seeking an index fund suite that excludes China and Hong Kong from its construction.
The retirement system also recently made private markets commitments totaling $16.5 million.
On this episode of Against Consensus, host Angelo Calvello, PhD, and Arizona Public Safety Personnel Retirement System CIO Mark Steed return for a candid AI progress check.
The retirement system will undertake a nationwide search for a successor.
The pension system had been reviewing the incumbent as part of a search prior to the manager’s decision to close.
The plan launched a search over the summer due to performance concerns with two incumbents.
The current cio is set to retire after more than five years in the position.
The retirement system has begun its search for a new deputy executive director.