Extensive and timely coverage of the institutional industry.
The termination was due to underperformance.
The pension plan will liquidate its $227.5 million timber mandate and $106.4 million farmland mandate due to underperformance.
The deferred compensation plan will issue a record keeper RFP due to the upcoming contract expiration of its incumbent provider.
The agency issued an RFP seeking services for its capital funds earlier this year.
The plan continues to fill out its investment staff with the additions of two new asset class heads.
The city is looking for a firm to handle up to $450 million in operating and capital funds.
The pension plan recently committed to an existing credit manager.
The pension plan committed $140 million total to two managers yesterday.
The firm closed its lower middle market private equity fund with $400 million in commitments.
The acquisition will provide PEM with enhanced growth opportunities.