Searches And Hires
The fund has reissued its RFP seeking an advisor to develop a diversified investment portfolio and perform due diligence on investment managers.
The retirement fund’s investment committee recommended a pair of terminations as part of several changes within its U.S. equity portfolio.
The city is seeking investment consulting services on behalf of its $36.1million OPEB fund.
The pension plan recently made $1.8 billion in total commitments across its dynamic strategies, private equity and real assets portfolios.
The commitments were made for pacing purposes.
The plan also retained two emerging market fixed-income managers.
The pension system will hear recommendations to add infrastructure and drop commodities, among other changes, at this week’s board meeting.
The plan added a $60 million commitment to a new manager in May.
The pension plan’s new private credit manager will handle a $30 million allocation.
The retirement association is considering the two asset classes to replace its commodities portfolio.