Searches And Hires
The pension fund had approved minimum qualifications for the search last month.
The retirement association also terminated an emerging market fixed-income mandate at today’s board meeting.
Four total firms were interviewed in May for the mandate.
The deferred compensation plan hired a passive domestic large-cap growth equity manager to replace an active mandate last month.
The township is seeking record keeping, investment management and education services on behalf of its deferred compensation plans.
The foundation added an international large-cap equity allocation after revising its asset allocation last year.
The new domestic small- to mid-cap core equity allocation will complement the retirement system’s existing small-cap manager.
The city received six proposals in response to an RFP issued in February.
The investment division has awarded a contract in its real estate consulting services search launched in January.
The foundation has added several managers focused on environmental or social impact to its portfolio over the past year.