Searches And Hires
The retirement system is also slated to vote on its general investment consultant search next month.
The plan will seek one or two managers to handle a total commitment of $450 million.
The plan interviewed three firms for a $7.5 million mandate.
The pension plan also added a global equity manager to its portfolio at a meeting yesterday.
The pension trust is targeting the RFP’s release for early summer.
The search is for an open-end private infrastructure strategy.
The incumbent submitted the sole response to an RFQ issued in January.
The pension fund hired a new hedge fund manager to replace an underperforming incumbent.
The retirement system has issued an RFP for domestic large-cap equity managers to handle $1.6 billion.
The state agency is seeking a consultant to advise and manage investments related to its conservatorship program, which provides fiduciary services to manage assets on behalf of veterans.
