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The town is searching for its first ever investment consultant on behalf of two defined contribution plans.
Plan committed $50 million to a special opportunities credit commitment today.
The team will be responsible for bringing access to the broad private placement marketplace.
He is responsible for developing Fidelity’s private asset capabilities globally.
The plan added two private equity commitments and announced the departure of an assistant senior investment officer for real estate at its board meeting yesterday.
A New England town is searching for a firm to help oversee its operating and capital funds.
A plan in the Mid-Atlantic region made a $7 million commitment to a private equity fund this week.
The plan approved an emerging markets equity manager search and new real estate pacing plan yesterday.
The plan decided to retain its general investment consultant following the issuance of an RFP in the third quarter.
The firm is expected to assist with collecting data on emerging managers.