Searches And Hires
The college has issued an RFP for a consultant to assist with retirement plan oversight, including analyzing portfolio performance, recommending overall improvements and conducting semi-annual reviews of cost, services and fund line-ups.
The pension plan interviewed a total of three finalists, including its incumbent consultant.
The city is seeing discretionary investment management and consulting services on behalf of its approximately $75 million managed portfolio.
The retirement system also wrapped up its first fiscal year as an independent entity by outperforming its benchmark by more than 100 basis points.
The agency received three proposals in response to its investment advisor RFP.
The pension plans had been expected to move a portion of a previously terminated U.S. all-cap value equity mandate to the new small-cap value manager.
The retirement system also made two credit opportunities commitments last month.
The foundation has issued an invitation-only RFP seeking a general investment consultant for its portfolio as it has been five years since its last consultant selection process.
The foundation added international equity, domestic equity, high-yield bond and infrastructure investments to its portfolio during the second quarter.
The foundations are seeking firms to provide investment advisory and management services for their approximately $4 million in combined assets.