Searches And Hires
The pension fund hopes to make a commitment in its infrastructure secondaries search this month after narrowing it to three firms.
The pension fund previously extended the contract of its transition managers by one year.
The commitments include three new manager relationships for the pension plan.
The retirement system hired two firms to manage its 51% private markets portfolio.
The plan’s current private markets co-investment manager will see its contract expire at the end of the year.
The plan’s current real assets consultant will see its contract expire this year.
The retirement plan hired several managers to move toward its new asset allocation policy.
The retirement system is searching for a firm to conduct a one-time asset allocation review.
The retirement fund is scheduled to hear proposed real estate and infrastructure pacing plans at next week’s investment committee meeting.
The search is open to real estate debt, opportunistic and value-add funds.