Searches And Hires
The plan’s incumbent manager was first hired in 2015 and the search is to comply with standard state procurement laws.
The fund is looking for multi-family real estate specialist managers as it looks to transition some of its portfolio’s overweight industrial exposure to multi-family real estate.
The fund is searching for an investment consultant to assist with investment manager and custodian searches and provide performance reporting and weekly portfolio monitoring.
The city’s current consultant was hired in 2017 following a similar search.
The plan is conducting the searches to comply with state procurement law.
The plan also approved two real assets commitments along with a 2023 pacing plan at last week’s meeting.
The district is searching for a firm to assist with the investment of a bond sale next month.
The board of trustees will consider the placing plans at its Dec. 20 meeting.
The plan is seeking several managers to handle a yet-to-be-determined mandate.
The foundation has pushed the deadline for proposals in its search for a firm to manage its endowment to Dec. 14 from Dec. 6 after issuing the RFP last month.