Searches And Hires
District is seeking an investment advisor to advise on its $100 million to $150 million in investable assets.
The plan hired a domestic large-cap core equity manager to handle approximately $32 million at its board meeting yesterday.
The incumbent manager was first hired in 2006.
The plan’s global equity manager experienced recent underperformance.
The plan is looking to consolidate its services to one single provider.
The university is seeking a firm to provide record keeping, custodian, investment management, administration, communications, education and other related services for its 403(b) plan.
The search follows the plan rescinding a January commitment to a blockchain-focused fund.
The plan will commit up to $3.4 billion to the two asset classes.
City is seeking a firm to provide discretionary investment advisor services on behalf of its $290 million in assets.
The plan is conducting the search due to underperformance from its incumbent.