Searches And Hires
The foundation recently launched an impact investing strategy with a $5 million commitment intended to advance racial equity in the area or other strategic areas, including youth, public safety, economic opportunity and neighborhoods.
The plans currently work with general investment consultant Advanced Capital Group, which was rehired in 2016 following a similar RFP process.
The plan is seeking primary funds and fund-of-funds structures across buyout, growth equity and secondaries strategies as well as co-investments.
The plan rehired Voya Financial as its record keeper following an RFP process initiated in February.
The pension plan hired a multi-sector fixed-income manager to replace a core-plus manager in March.
The plan will issue an RFP for ACWI ex-U.S. managers in the coming weeks.
A Texas-based housing authority is hunting for investment advisory services.
The pension plan heard presentations from six managers at last month’s board meeting.
The plan concluded a search both launched in 2021 and delayed since last year.
The plan will hire one additional firm in its multi-credit asset class search.