Searches And Hires
The plans have both adjusted their asset allocations since moving to Mariner Institutional.
The plan is looking to create two pools of investment consultants.
The search is open to value-add real estate managers.
The retirement systems also eliminated global low volatility and TIPS allocations earlier this year.
The plan will consider a replacement search for its $331 million core-plus fixed-income mandate with the firm.
The trust last conducted a similar search in 2018.
The pension fund will interview three finalists at Thursday’s board meeting.
The pension fund also concluded an emerging market debt manager search with a hire at today’s board meeting.
The deferred compensation plan has replaced its domestic large-cap core equity manager, which had been on watch due to underperformance.
The termination request stems from the ongoing issues related to the SEC investigation and leave of absence by Co-CIO Ken Leech.