Searches And Hires
The plan hired a manager to implement its maiden 3% target to private debt as part of a new asset allocation policy in March.
The district received four proposals in response to its investment advisor RFQ.
The plan is seeking buyout, growth equity and venture capital strategies.
The plan replaced both its passive equity and fixed-income mandates with Vanguard Group as well as its sustainable equity mandate with Neuberger Berman in February.
The plan recently committed $245 million total to two private equity managers and one hedge fund manager.
The firm will be tasked with assisting on an upcoming record keeper search.
A 529 plan based in New England has selected program and investment managers after a search.
The plan currently has a delegated investment services relationship with Willis Towers Watson.
The village will review proposals related to investment services for its $70 million in cash deposited in an insured cash sweep account.
The firm will see the retirement of one of five portfolio managers on its U.S. small-cap growth equity team at the end of June.