News
Extensive and timely coverage of the institutional industry.
The plan is looking to award $250 million to $3 billion in mandates.
The plan also concluded its small-cap growth search at today’s board meeting.
The fund exceeded the firm’s original target by nearly 40% and doubled the predecessor vehicle’s fundraise.
The pension plan disclosed more than $500 million in private markets commitments made in recent months.
The retirement system also recently added private markets commitments totaling $26 million.
The role is newly created for the Cape Town, South Africa-based global active investment manager.
The retirement system selected three absolute return managers and two real estate managers for possible inclusion within its investment lineup last week.
The city has rehired the record keeper for its $877 million Defined Contribution and Deferred Compensation Plans.
The retirement system approved a private equity commitment with an existing manager relationship last month.
Alex Kozhemiakin has joined Lazard Asset Management as managing director and co-head of emerging market debt.