Searches And Hires
The pension plan’s investment committee approved a $75 million commitment to a middle market buyout strategy last week.
The new fiscal year 2024 asset allocation policy will increase the fixed-income targets for four of the plan’s systems.
The city is conducting a search for non-discretionary and discretionary services after launching a similar search in 2021.
The college has issued an RFP seeking a firm to maintain a checking account and a separate operating, money-market account as well as manage an endowment fund.
The university disclosed follow-on venture capital and private equity commitments made in the first and second quarters of 2023 within its long-term portfolio.
The plan retained Nationwide Retirement Solutions as its record keeper in February.
The Southern pension plan last conducted a search for the services in 2019.
Pension has narrowed a search for a complementary manager to three finalists.
The retirement system last conducted a similar search in 2010.
The system will introduce a target to asset allocation leverage as part of a new long-term asset allocation policy for its defined benefit plans and hired a record keeper on behalf of its eight defined contribution plans yesterday.