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Extensive and timely coverage of the institutional industry.
Institutional investors prioritize stable investment teams and open communication in addition to consistent performance when evaluating managers.
The plan interviewed three firms for a $7.5 million mandate.
The search comes ahead of the contract expiration of its longtime incumbent.
The pension plan also added a global equity manager to its portfolio at a meeting yesterday.
The pension trust is targeting the RFP’s release for early summer.
The search is for an open-end private infrastructure strategy.
The incumbent submitted the sole response to an RFQ issued in January.
City Comptroller Mark Levine has directed the Bureau of Asset Management to bring $750 million in investments to the five pension boards as part of a $4 billion plan.
Schroders shareholders approved the firm’s acquisition by Nuveen at a meeting yesterday.
The pension fund hired a new hedge fund manager to replace an underperforming incumbent.