The university added two managers from its endowment to its watchlist in the second half of 2024 due to staff changes.
The university announced it will no longer be investing in separately managed accounts as it plans to divest from four U.S. defense companies that have contracts with the Israeli military.
The firm’s hire follows an RFP process initiated due to the impending contract expiration of the university’s incumbent provider.
The county government is seeking record keeping services for its deferred compensation plan.
The search follows a private markets pacing schedule presented to the retirement system in January.
The deferred compensation plan hired an active domestic core fixed-income manager to complement its U.S. bond option today.
The retirement system’s current emerging markets equity manager was first hired in 2019.
The selected firm will handle the city’s various accounts totaling $716.6 million.
The pension plan’s general investment consultant will see its contract expire next year.
The retiree health care trust fund is interested in complementing or replacing its existing core-plus bond managers.