Searches And Hires
The retirement system’s ad hoc search committee will conduct on-site visits with three firms in June.
The retirement system is looking to invest $15 million with a core investment grade manager.
The trust previously rehired its provider in 2019 after a similar RFP process.
The retirement system will launch the search soon for pacing purposes.
The retirement plan interviewed the firm in closed session at today’s board meeting.
The university has built a substantial allocation to cash in recent years as it looks to potentially solve a liquidity issue for another institutional investor’s portfolio.
The deferred compensation plan replaced its emerging markets large-cap core equity manager, which had been on watch since January 2022.
The township expects to award a contract by July 1.
The foundation is looking to add new commitments to private equity and build out the program alongside its outsourced cio over time.
The retirement system made a change due to the incumbent’s portfolio turnover and subsequent strategy deviation.