News
Extensive and timely coverage of the institutional industry.
The plan is seeking developed markets equity managers to handle a $50 million allocation.
The plan also terminated a bank loan manager at its March board meeting.
Firms can submit a proposal for either or both pension plans.
The pension plan hired five non-U.S. equity managers and approved a new private equity portfolio structure last week.
A total of three finalists were interviewed at a meeting this week.
The pension plan approved a credit commitment with an existing manager relationship last month.
The cio leaves after more than 20 years with the county pension.
The plan’s cio and internal investment committee will be authorized to handle manager hires and terminations with some parameters/constraints.
The firm will provide investment management and advisory services for the city’s $157 million investment portfolio of operating and capital funds.