Extensive and timely coverage of the institutional industry.
The plan will reduce its domestic large-cap growth exposure by eliminating an existing manager.
The deferred compensation plan is looking to create a bench of qualified investment managers.
The fund saw a decline of more than $500 million in assets since 2021.
Five total firms were interviewed at a board meeting yesterday.
The fund received a total of six bids in its private markets consultant search.
He will officially depart the plan later this year to “pursue an exciting opportunity.”
The retirement system hired a new international equity manager at today’s board meeting.
The firm’s new partner focuses on sourcing, structuring and managing infrastructure debt investments throughout the Americas.
The retirement system recently added four private markets commitments totaling $32.6 million.
Endowments impacted by the finalized One Big Beautiful Bill Act are facing “much more palatable” excise tax numbers in comparison to earlier proposals, new research finds.