Extensive and timely coverage of the institutional industry.
The new strategies are led by Jean-Charles Sambor following his team’s addition earlier this year.
The plan placed a domestic large-cap growth equity manager on watch at its Dec. 6 board meeting.
The retirement system expects to launch an emerging markets small-cap search before the end of the year and a broad emerging markets search next year.
The growth equity firm’s third fund was oversubscribed.
The plan will commit to a total of 15 private equity managers next year.
The pension plan made a $24 million commitment to an existing real estate manager relationship in October.
The plan’s consultant will also kick off an asset/liability modeling study this month.
The plan’s current provider handles $174.5 million of its assets.
The plan is looking to invest up to $450 million with qualified managers.
The pension system filled its investment strategist position after seeing a pair of departures in the last 18 months.