Searches And Hires
The retirement system will invest $200 million in an all-cap core strategy managed by ABS Global Investments.
The retirement system’s global growth equity manager had been on watch due to underperformance.
The city concluded a search for investment management and advisory services in February.
The plan concluded its private equity search conducted for pacing purposes.
The foundation selected two firms to provide investment management services for its portfolio after issuing an RFP in late 2023.
The university selected an investment advisor to wrap up its search from the second quarter of 2024 seeking a firm to help establish and maintain an investment portfolio for its cash flow requirements.
The college has issued an RFP seeking a firm to provide financial advisory services and help manage its investment portfolio.
The retirement system will also see its pension investment analyst depart on Friday.
The pension plan made $460.6 million in total private equity/current return commitments in the first quarter.
The foundation swapped domestic large-cap equity firms within its long-term portfolio as its incumbent managers have underperformed.