Searches And Hires
The plan recently considered increasing its fixed-income target as part of an asset allocation study.
The retirement plan committed to a fund-of-funds following finalist presentations at last month’s meeting.
The search is due to the impending contract expiration of the incumbent, which is welcome to rebid.
The plan also interviewed three core managers to potentially handle the mandate.
The plan also added a maiden global equity allocation target.
The college saving plan selected an investment consultant to assess its investments, provide input and analysis on investment options and advise on investment policy following the issuance of an RFP in the fourth quarter.
Two new firms will be managing the retirement system’s core fixed-income portfolio.
Three large foundations have committed to a women- and BIPOC-led private investment manager’s second private equity fund, which held its final close.
The pension plan will interview three firms at its April board meeting.
The pension plan received a private equity co-investment recommendation today.