Extensive and timely coverage of the institutional industry.
The city’s two retirement systems committed $12 million apiece for pacing purposes.
The plan made up to $90 million in commitments at today’s board meeting.
Updata Partners VIII closes with aggregate capital commitments of $875 million.
The plan terminated the firm after closed session deliberations.
The plan hired domestic small- to mid-cap growth and value equity managers at a meeting today.
The board increased its targets to domestic fixed-income and real estate as part of a new asset allocation policy last month.
The plan’s full board will approve the investment committee’s commitments this week.
Thorben Hett has rejoined Pinegrove Venture Partners as managing partner.
The city expects to award a contract in June.
The deferred compensation plan conducted a similar search in 2021.