Searches And Hires
The plan last conducted a similar search in 2016.
The investment consultant will be responsible for a pension plan and an OPEB trust.
The plan will invest a total of $35 million with two farmland funds.
The pension plan will consider hiring two domestic large-cap growth equity managers later this month as part of an ongoing shortlist search.
The plan added a commitment to a firm’s sixth fund in a series after previous commitments to the preceding two funds.
The plan’s new project basis-consultant was chosen over finalists Hyas Group, Innovest Portfolio Solutions and Mesirow Financial.
The plan rehired its incumbent managers following searches launched earlier this year.
The plan will conduct searches in several fixed-income and credit sectors following a portfolio restructure stemming from an overall asset/liability study.
The private debt commitment was made for pacing purposes.
County conducted a similar search for a portion of its investment portfolio in 2019.