Extensive and timely coverage of the institutional industry.
The plan will commit a total of $73 million to four asset classes next year.
The deferred compensation plan replaced its underperforming domestic large-cap growth equity manager in the second quarter.
The retirement system extended its contract with general investment consultant Raymond James Financial earlier this year.
The associate investment manager will serve on the sustainable investments team and joins from a sister retirement system.
Institutional investors have steadily re-entered the core and core-plus real estate space over the last few quarters, with a long stretch of positive performance among the reasons factoring into the decision to step off the sidelines.
The retirement system hired a new international equity manager in the third quarter.
The search is being conducted due to the upcoming contract expiration of incumbent StepStone Group.
The plan also replaced its discretionary private equity and private credit consultant.
The retirement system also approved three commitments totaling up to $90 million yesterday.
The plan’s former executive director resigned earlier this year.