Searches And Hires
The plan hired Innovest Portfolio Solutions following a search conducted in 2022.
The two searches were discussed at the plan’s May investment committee meeting.
A university based in a Southern state has added two alternative investments to its approximately $2.3 billion portfolio.
A trust fund based in a Southern state has selected a general investment consultant following a search.
The city is seeking an investment consultant for its 401a/457 and OPEB plans.
A foundation based on the West Coast has added commitments to diverse-owned managers due to their environmental or responsible investment strategies.
The commitment represents the plan’s third with the real estate manager.
The plan has also cancelled its exploratory real estate search.
The deferred compensation plan replaced its international large-cap value equity manager in the fourth quarter due to underperformance.
The plan also made a real estate commitment at today’s board meeting.