Searches And Hires
The plan made a $20 million re-up commitment to an existing manager relationship this week.
The plan approved a new asset allocation for its Core Trust Fund last week.
The pension fund hired international small-cap core, growth and value managers to conclude a search initiated earlier this year.
The pension plan is considering adding a domestic core fixed-income manager to its lineup and expects to select a new executive director next month.
The city is seeking record keeping services on behalf of its deferred compensation plan.
The hire concludes a search to replace a current underperforming manager.
The plans terminated their core real estate manager last month.
The city is seeking a bundled provider for two retirement plans totaling more than $1 billion each.
The city is searching for a firm to administer and provide investment management services for its pension trust.
The pension plan disclosed a private equity commitment made last month at yesterday’s board meeting.