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A former v.p. has joined a seed platform for alternative investment managers.
The plan added a $7 million secondaries private equity commitment last quarter.
The authority’s RFP for investment management services follows an RFI issued in the fourth quarter.
The commitments include two new relationships for the plan.
The authority is seeking retirement plan consulting and pension administration services on behalf of its 457 and 401(a) plans.
Plans could finalize a contract with a candidate next month.
The plan expects to announce an intent to award on June 15.
Plan added a re-up commitment to an existing manager relationship late last month.
The plan committed $90 million total to new and existing manager relationships yesterday.
The plan made private credit commitments after presentations in closed session.