Changes Ahead

  1. Changes ahead: April 4, 2011

    Illinois State Universities Retirement System , Champaign, will search for its first transition managers, according to Daniel L. Allen, chief investment officer. The $13.7 billion system plans to post an RFP on April 4 on its website, www.surs.org; it anticipates forming a group of no more than

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  1. Changes ahead: March 7, 2011

    New Mexico State Investment Council launched an RFP for a manager to run a Russell 1000 index fund, said Charles Wollmann, director of communications for the $15 billion Santa Fe-based council. The portfolio will not be permitted to hold non-U.S.-dollar securities. Deadline for RFP proposals is

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  2. Changes ahead: New Mexico, Pension Protection Fund and more

    New Mexico Public Employees' Retirement Association , Santa Fe, launched a search for an active domestic small-cap pure growth equity manager to run $125 million to $150 million, according to the RFP on the $11.9 billion association's website. Officials issued the RFP to add small-cap exposure in

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  3. Changes ahead: Merseyside, Ohio Employees and more

    Merseyside to launch search for passive managers, Ohio Employees launches midcap equity search, and more.

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  4. Changes Ahead: CalSTRS to build consultant list to review staff pay

    CalSTRS wants to create a list of consultants that can be used to review the $140.1 billion system's compensation programs for executive and investment management staff. Officials at the California State Teachers' Retirement System don't have a specific number of firms in mind, Ricardo Duran,

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  5. Changes ahead: Ohio Highway Patrol on lookout for emerging markets equities

    Ohio State Highway Patrol Retirement System , Columbus, is searching for an emerging markets equities manager to run $20 million, confirmed Dan Weiss, executive director and chief investment officer of the $703 million system. The funding source has yet to be determined, although it is “expected to

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  6. Changes Ahead: Connecticut in hunt for real estate manager

    Connecticut Retirement Plans and Trust Funds , Hartford, is conducting an “expedited” search for a real estate separate account manager, according to state Treasurer Denise Nappier, the principal fiduciary for the $23.9 billion system. The selected real estate manager would run $250 million, said

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  7. Changes Ahead

    Los Angeles County Deferred Compensation Plans issued an RFP for stable fund consultants, one each for its $5.5 billion 457 plan and $1.5 billion 401(k) plan, said William Yuen, finance analyst. The contract of Mercer, which had advised both plans, expires Dec. 31. The firm can rebid, Mr. Yuen

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  8. Changes Ahead

    University of Bristol (England) Pension and Assurance Scheme is searching for an investment consultant and actuary, said William Liew, deputy director of finance for the 152 million ($231 million) fund. Incumbent PricewaterhouseCoopers, which held both roles since November 2008, sold its actuary

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  9. Changes Ahead

    National Employment Savings Trust Corp. , London, the U.K.'s new national defined contribution plan, issued RFPs for managers to run five investment strategies to be used primarily as default investment options — passive global equity, passive U.K. government bonds, passive index-linked bonds, cash

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  10. Changes Ahead

    State-Boston Retirement System is searching for two private equity managers to run up to $10 million each and more.

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  11. Changes ahead

    Massachusetts Pension Reserves Investment Management Board , Boston, is searching for at least one environmental, social and governance consultants, according to an RFP posted on the $41.3 billion fund's website. The RFP is available on the system's website at httpwww.mapension.com/Rfp/RFP.htm.

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  12. Changes Ahead

    Westfield (Mass.) Contributory Retirement System is searching for a private equity fund-of-funds manager to run about $6 million in a co-investment with the $120 million system, confirmed Raymond Depelteau, chief investment officer. It is a new investment in private equity, he said in an e-mail

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  13. Changes Ahead

    New Bedford (Mass.) Retirement System is searching for a tactical asset allocation manager to run about $20 million and an emerging markets manager to run about $10 million, according to two separate RFPs on the website of consultant Segal Advisors.

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