Searches And Hires
The termination stems from an upcoming co-portfolio manager departure.
The retirement fund anticipates final selection and approval in the third quarter.
The plan has issued an RFI for active quantitative investment management services.
The retirement fund added $249 million in new commitment at last week’s board meeting.
The plan also hired two global equity managers at a meeting this week.
The search is open to primary and secondary options.
The retirement fund disclosed seven commitments totaling roughly $1.4 billion in December.
The plans received four submissions in response to an RFQ.
The university has issued an RFP seeking investment advisory services for its endowment due to the impending contract expiration of its incumbent, which was first hired in 2013.
The nonprofit affiliated with a mid-Atlantic city government has issued an RFP seeking an investment consultant to develop a mission-aligned investment policy and allocate assets.