News
Extensive and timely coverage of the institutional industry.
The contract of the current consultant is set to expire this year.
The new policy will help the plan achieve an expected return of 7.25% over the next 10 years.
The authority is seeking proposals for advisory and administration services for the establishment and administration of a trust relating to its obligations to a union OPEB plan.
The plan removed two hedge fund investments totaling $40.8 million from its portfolio this week.
The plan approved a strategic real estate plan that calls for dropping its core portfolio to 5 managers from 11 over time.
The search is open to core and value-add real estate strategies.
The commitments were recommended in closed session of yesterday’s board meeting.
The plan’s private equity committee received two investment recommendations earlier this month and approved two commitments in February.
HPC’s passive minority investment will help L Catterton develop new strategies.
The plan’s investment committee hired an emerging markets core equity manager and approved two credit commitments last week.