Extensive and timely coverage of the institutional industry.
The search is for services on behalf of the county’s 457(b), 401(a) hybrid and 401(a) defined contribution plans.
The plan hired two new core-plus fixed-income managers to replace Western Asset Management.
The two firms will have more than $1.8 trillion in assets under advisement.
The plan conducted a liquid credit manager search after approving a new asset allocation policy earlier this year.
L2 Point Management has closed its inaugural structured equity fund at approximately $312 million.
The pension plan is seeking an executive search firm to assist with its executive director search.
The pension plan committed $17 million to an existing infrastructure manager relationship last week.
The city is seeking investment advisory services for its general investment portfolio.
The city has issued an RFP seeking plan and investment management consulting services for its retirement plans.
The two manager terminations stem from underperformance, asset outflows and high fees.