Searches And Hires
The city last rehired Chandler Asset Management in 2016.
The plan made an investment consultant hire following interviews with four total finalists.
The investment manager will handle an initial $9 million allocation for the city.
MissionSquare Retirement currently provides administrative and record keeping services for the county’s 457 deferred compensation plan.
The pension plan is looking for global infrastructure managers to handle approximately $20 million after approving the search in the first quarter.
The pension plan hired a manager to implement its maiden 7% target to domestic fixed-income as part of a new asset allocation policy in March.
The plan rehired NEPC as its general investment consultant in April following a search launched in January.
The city previously launched a search in October as the plan has not utilized an investment consultant.
The plan approved the search at its board meeting earlier this week and has a 6% target to global multi-sector fixed-income.