Searches And Hires
The deferred compensation plan also received proposals from Fiduciary Consulting Group, NFP Retirement, SageView Advisory Group and USI Consulting Group.
The plan first hired the firm in 2018.
A total of three firms were considered in the search.
The plan’s incumbent managers were first hired in 2018.
The retirement system also made several changes to its public equity and real estate portfolios last week.
The retirement system approved a real estate commitment with an existing manager relationship in July.
The county hired a firm for its more than $600 million portfolio.
The authority had been working with its incumbent investment manager since 2004.
The hire concludes an RFP process that began in November.
The foundation added fixed-income strategies with a new investment manager within its portfolio in the first quarter.