Searches And Hires
The development finance institution is looking to replace its existing investment risk platform with a modern, integrated solution.
The commission has roughly $171 million in various investment funds.
A university based in the Midwest extended the contract of its incumbent general investment consultant during a recent board meeting.
Funding for the new investment comes from the partial redemption of another hedge fund manager.
The $50 million investment concludes a search for an additional long/short strategy initiated late last year.
The airport board is seeking a consultant to serve a five-year term on behalf of its defined benefit and deferred compensation plans.
City is seeking a pool of investment managers for its accounts that have an aggregate market value of approximately $6.8 billion.
The plan tapped public market credit consultant Mercer earlier this year to conduct the searches.
The plans’ current consultant contract will expire in January.
The county may hire one or more firms in the search.