Searches And Hires
The system will discuss an implementation plan for the new asset allocation policy next month.
The commitment marks the retirement system’s third to the space in recent months.
The search is being conducted for best practices.
The trust concluded its investment advisor search with an intent to award issued this month.
The plan is seeking value-add/opportunistic real estate and global multi-asset allocation managers.
The contract of the plan’s incumbent investment consultant is expiring.
Empower Retirement currently provides the services for the city’s deferred compensation and defined contribution plans.
The pension fund is seeking a manager to handle a diversified real assets strategy that must include commodities, precious metals and infrastructure/real estate.
The plan recently made four private markets commitments totaling $325 million.
The plan is seeking passive managers for strategies across equity and fixed-income.