DakotaLogo2024
DakotaLogo2024
Book A Demo

FUNDRAISING NEWS | June 14, 2024

Norfolk Adds to Global Equity and Small Cap Managers

Tags: Pension Funds, Searches, Equities

The Employees' Retirement System of the City of Norfolk has hired J. Stern & Co to be their new Global Equity Manager per meeting materials from the March 6 board meeting. 

J. Stearn will replace SSgA ACWI IMI Index in the Global Equity lineup. They will manage $57 million in active global growth equities, representing 4.5% of the retirement portfolio.

Additionally, the Retirement System is redeeming 1% from the core fixed income portfolio and investing proceeds to the Fidelity Small Cap Index.

Meketa assisted.

As of January 31, the Retirement Fund was valued at $1.28 billion.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace! New call-to-action

Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.

logo-1

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Address

925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481 

Products & Services

Resources

Events

Company

© Dakota 2025 | Terms of Use | Privacy Policy