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The board hired an infrastructure manager and adopted a new asset allocation policy in April.
The new executive director has held the position on an interim basis since January.
A foundation based in New England is looking to hire an investment manager to oversee its approximately $100 million investment portfolio.
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The retirement system approved the RFP at yesterday’s board meeting.
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The foundation is looking to add new commitments to private equity and build out the program alongside its outsourced cio over time.
The trust previously rehired its provider in 2019 after a similar RFP process.
The team’s new manager has been with Callan since 2008.
The retirement system’s ad hoc search committee will conduct on-site visits with three firms in June.
The retirement system has launched its search for its next executive director.
The retirement system is looking to invest $15 million with a core investment grade manager.