News
Extensive and timely coverage of the institutional industry.
The district is seeking third-party administrator services for its 403(b) and 457(b) plans.
The city decided to continue with its incumbent investment manager following a search launched in September.
The plan eliminated its $1.4 billion internally managed global REIT allocation to meet the objective of its real assets portfolio.
The firm added the former investment officer of a West Coast pension plan this month.
Plan’s investment committee selected one core fixed-income manager and one core-plus bond manager at today’s meeting.
The board of trustees will consider the placing plans at its Dec. 20 meeting.
Jay Yoder will retire at the end of the month.
The termination resulted from a public equity structure review presented by its general investment consultant on Wednesday.
The plan is seeking several managers to handle a yet-to-be-determined mandate.
The plan committed $100 million total to private equity and private credit and approved a 2023 private markets pacing plan this week.