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Plan’s investment committee will review a recommendation to rehire the incumbent consultant.
The plan replaced the cash overlay provider for its Commingled Trust Fund and approved two private equity commitments yesterday.
The previous ceo will remain on the firm’s leadership and investment teams.
The plan will review allocation options in June after receiving educations at its board meeting yesterday.
Plan is searching for a firm to advise on its investment guidelines, asset allocation and manager selection.
Plan staff and general investment consultant Verus will conduct on-site due diligence of the four firms.
Pritzker is sticking to his stance that merging these assets is key to curbing local property tax hikes.
Funds that own $5 billion in stock urge shareholders to vote against re-election of two directors.
The Connecticut Retirement Plans and Trust Fund is calling on Mastercard to address transactions involving unregistered firearms.
Institutional real estate investors gobbled up record amounts of inventory in the 2021 housing market, with one notable exception.