Searches And Hires
The plan has issued an RFP seeking a domestic large-cap growth equity manager to handle $34 million.
The plan is looking to replace its current underperforming manager.
Authority has issued yearly RFQ for investment management services.
The plan is looking for non-core fixed-income strategies enhance its portfolio.
The plan is conducting the search to comply with state procurement laws.
The city is also looking to establish a deferred compensation committee as part of the RFP process.
The plan has worked with its incumbent investment advisor since 2009.
The plan may conduct a search to replace its passive core fixed-income manager next year following an asset allocation study.
The plan’s incumbent manager was first hired in 2015 and the search is to comply with standard state procurement laws.
The fund is looking for multi-family real estate specialist managers as it looks to transition some of its portfolio’s overweight industrial exposure to multi-family real estate.
