Searches And Hires
A Northeastern state county is seeking consulting services on behalf of its deferred compensation plans.
District will hear presentations from four finalists on Sept. 28.
The plan is looking to invest up to $70 million total to passive equity managers.
The plan hired a new domestic small-cap growth equity manager after Voya Investment Management acquired the U.S. business of prior manager Allianz Global Investors.
The plan hired two active emerging markets equity managers to split the allocation.
Draft RFPs will be reviewed next month for scheduled publication in January.
The district is seeking the services for its retirement plans.
The plan is conducting the search due to the upcoming contract expiration of its current consultant.
The plan’s contract with its current consultant will expire in April.
County is searching for a firm to help manage up to $450 million in assets.
