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The plan hired two new international equity managers.
The search is due to the impending contract expiration of its incumbent.
City is seeking a consultant to oversee its roughly $21 million deferred compensation plan.
He is responsible for deal sourcing, due diligence for potential investments and developing new relationships with founders and management teams.
The new hires will join the private equity firm’s investment team.
The fund acquires and improves institutional quality assets in historically attractive sectors such as multifamily and industrial.
He will also serve as a portfolio manager on the intrinsic emerging markets equity team.
The US economy has been built around low interest rates. As rates rise, so will the fallout.
Michael Shackelford is the new cio of the New Mexico Public Employees Retirement Association. He took the time to answer 5 questions with FIN News.
The plan elected to retain its incumbent general investment consultant following finalist interviews held last month as a result of an RFP process.