Fixed-Income: The Texas County & District Retirement System (TCDRS) decided to remove a fixed-income manager from its roster last quarter, a recent update in the plans website notes.
The Arkansas Local Police and Fire Retirement Systems (LOPFI) Investment Committee at its November meeting gave the thumb up to new mandates totaling $30 million.
Alternative Investments: The Oakland Police and Fire Retirement Systems (OPFRS) search for a covered calls manager could come to a close next week, plan documents indicate.
Head of North American Delegated Investment Services
Firm: Towers Watson
Fixed-Income: The Iowa Board of Regents decided to award six new private real assets, ex-U.S. real estate and ultra-short bond fund commitments, confirms Chief Business Officer Patrice Sayre.
Fixed-Income: The Arlington County Employees Retirement System (ACERS) Board of Trustees tapped Thornburg Investment Management for a new low duration bond commitment based off recommendations from investment consultant Ashford Consulting Group.
Alternative Investments: The Oregon Investment Council (OIC) decided yesterday to award its investment consultant contract, previously held by Strategic Investment Solutions, to neighboring San Francisco-based firm Callan Associates.
Alternative Investments: Following approval last month by its Investment Committee, the nearly $54.4 billion Massachusetts Pension Reserves Investment Management (PRIM) Board gave the green light for a new hedge fund managed account service provider RFP.
Fixed-Income: The City of Austin Police Retirement System (APRS) hired two middle market debt managers in November, Sam Jordan, CEO, told IMMP Wednesday.
Alternative Investments: The Teachers Retirement System of Louisiana (TRSL), based in Baton Rouge, has opted to award about $225 million to MetLife Real Estate Investors and CVC Capital Partners.
AQR Capital Management and Putnam Investments are the last two firms standing in the race to win a risk parity mandate from the Louisiana Firefighters Retirement System (FRS).
The California State Teachers Retirement System (CalSTRS) has hired Meketa Investment Group to share general consulting duties with incumbent Pension Consulting Alliance.
Real Estate: European and/or Latin American real estate managers should take note of a new investment RFP being offered by the Illinois Municipal Retirement Fund (IMRF).
Alternative Investments: The Worcester Retirement System has begun accepting proposals from managers with an expertise in private mezzanine debt, IMMP has learned.
Chang Suh is Senior Executive VP and Chief Portfolio Manager for the AFL-CIO Housing Investment Trust, a risk adjusted fixed-income MBS account.