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The investment management company will conduct a national search for a president, ceo and cio as its current will be retiring by the end of 2025 after more than two decades of service.
The retirement system added a credit director to its investment team.
The firm’s newest partners previously held roles with Centerbridge Partners and Santander.
The retirement fund’s investment committee also restructured its domestic equity portfolio to help meet impending sustainability goals.
The plan totaled nearly $690 million in commitments across its private equity and real assets portfolios last week.
The city has issued RFPs seeking investment advisory and record keeping services for its $57.6 million 457 plan.
The retirement board also hired a new private equity advisor at its investment committee meeting today.
Frazier Healthcare Partners has made several additions and promotions to its team.
The new managing director will lead structured credit investments for the firm.
The retirement fund has disclosed $215 million in recent alternatives commitments.