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A Midwestern authority is seeking plan administration services for its deferred compensation plans.
The plan last retained its general investment consultant in 2017 and has worked with its incumbent record keeper for 10 years.
The fund will source and invest in credit-sensitive financial assets across the performance spectrum.
The fund invests across a diversified portfolio of structured debt, equity and hybrid investments.
He will work to design, develop and enhance products and solutions across fixed-income, structured equity and derivatives.
The department is searching for a firm to help deploy its portion of funding from the State Small Business Credit Initiative.
The plan rehired its investment consultant after initiating a search last quarter.
The plan will add three value managers to its international equity portfolio.
The plan’s hedge fund committee approved an investment last week that will occur in either the fourth quarter or first quarter.
The plan hired an infrastructure manager and committed $1.5 billion in the second quarter.