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The firm hired a director of strategic relations to represent its equity and multi-asset solutions with institutions on the West Coast.
A new study finds nonprofits are deploying artificial intelligence in asset management for automation and monitoring purposes.
The plan also added a new 6% target to private credit.
The plan will commit a total of $330 million to the asset class for fiscal year 2026-2027.
The requested services have been done by pension plan employees and its investment manager to date.
The fund and related vehicles closed with $8.5 billion in total commitments.
The retirement system is seeking a successor for its former ceo, who resigned earlier this month amidst an investigation “concerning allegations of misconduct.”
The search is open to core and non-core real estate and infrastructure managers.
The previous head of investment manager research was promoted to cio in December.
The search is part of an orderly succession planning process.