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The new appointments will advance strategic growth and platform innovation.
The retirement system’s international small-cap portfolio consisted of a $57.8 million core mandate with Global Alpha Capital Management.
The commitments were made to two existing managers.
PGIM initially acquired a 75% stake in Deerpath Capital Management three years ago.
The director had been with Allianz Global Investors for 10 years.
The retirement system hired a new domestic small-to mid-cap core equity manager in the second quarter.
The county received five proposals in response to an RFP issued in September.
The retirement system made the decision last month following finalist interviews.
The retirement system also appointed a new operations officer today.
PFM Asset Management currently provides the services for the city.