Along with a hefty allocation to alternative asset classes this week, the $87.7 billion Ohio Public Employees Retirement System (OPERS) Board of Trustees also decided to award Aberdeen Asset Management with an $850 million emerging markets debt (EMD) account.
The Retirement Board for the Chicago Municipal Employees Annuity & Benefit Fund (MEABF) is expected to make a decision on a previously issued active emerging markets RFP, IMMP has learned.
The Illinois Municipal Retirement Fund (IMRF) Board of Trustees terminated Pyramis Global Advisors this month due to the firm's inability to meet the nearly $33.6 billion plans minority brokerage goals.
The Park Employees' Annuity and Benefit Fund of Chicago is expected to kick off a new search for equity firms that are minority, female or disabled-owned (MWBE), IMMP has learned.
The $1.9 billion Pennsylvania Municipal Retirement System (PMRS) is working with investment consultant Dahab Associates to find a new international growth equity manager.