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The pension fund swapped domestic mid-cap value equity managers due to underperformance from the incumbent.
The search is in conjunction with a recommendation to place a domestic small- to mid-cap equity manager on watch.
The pension plan will consider several alternatives commitments at its board meeting next week.
The plan is considering replacing an underperforming domestic equity manager and is also asking for a list of potential private equity options.
A majority of institutional asset managers are using artificial intelligence as a resource to boost efficiency and improve accuracy within the RFP process, according to a new report from Cerulli Associates.
The pension plan is seeking value-add real estate managers to handle up to $12 million.
The retirement fund also approved an infrastructure pacing plan earlier this month.
The retirement system received six proposals in response to an RFP issued last year.
The retirement system approved three real estate commitments totaling $45 million this week.
The retirement fund added a pair of commitments to existing manager relationships last month.