Extensive and timely coverage of the institutional industry.
The retirement system previously authorized a change to its $37 million investment with the hedge fund manager at a Feb.19 meeting.
The firm added a pair of consultant relations v.p.s.
The city hired a new administrator for its $11.1 million 457 and $2.7 million 401(a) plans last month.
He is responsible for private credit sourcing and deal origination in North America.
The commitments fulfill the plan’s private markets pacing schedule this year.
The associate research analyst joined the firm from Harris Associates.
The program will also invite its domestic mid-cap growth equity manager to present at a future board meeting with the intent of placing the firm on watch due to underperformance.
The city has yet to determine a date for final selection.
The retirement system rehired its incumbent following a similar search in 2018.
The retirement system hired a senior investment officer to expand its staff dedicated to diverse and emerging managers.