Searches And Hires
The manager will handle a nearly $5 billion Russell 3000 Index portfolio for the plan.
Search is for an investment advisor or outsourced cio to modernize the organization’s investment approach.
Plan will seek a core open-end real estate manager to handle a $20 million mandate.
Plan defines tail hedge solutions as investments with an asymmetric positive return profile during periods of significant market stress.
Plan is seeking firms to provide trust advisory and administration services for the establishment and potential administration of a trust relating to its OPEB obligations.
Plan has issued an RFP for separate account management services to implement a private markets investment program for its OPEB trust.
Incumbent firm recently experienced a client loss that dropped its product assets below an acceptable threshold for the plan.
City is searching for a firm to manage its $561 million investment portfolio.
The plan will make an initial $10 million investment in its first dedicated emerging markets equity manager.
The plan will invest more than $90 million overall in two existing relationships.
