Searches And Hires
The public trust fund is searching for discretionary investment managers to handle a portion of its $871 million investment portfolio comprised of fixed-income investments.
The commitments represent new relationships for the plan.
Four firms will vie for a $45 million mandate.
The plan approved commitments of up to $40 million each to two strategies.
The district expects to sign a contract on April 19.
The county has issued an RFP seeking a consultant to help research, design and execute a Community Development Financial Institutions fund.
The university approved private equity, real asset, international equity and fixed-income investments with new managers in the second half of 2022.
The college has hired its first-ever outsourced cio to manage its endowment due to the departure of a senior staff member late last year.
The university has selected a firm to provide investment advisory, management, custodial and reporting services for up to approximately $6 million of its endowment initially following a search from the second quarter.
The plan initiated a search last summer seeking a consultant for its deferred compensation and retiree health savings plans.
