FUNDRAISING NEWS | January 20, 2023
Tags: Pension Funds, Equities, Consultants
Pompano Beach Police & Firefighters’ Retirement System has approved terminated mid cap value manager, Nuance.
According to meeting minutes from the December 19 board meeting, Nuance was proposing an increase in fees after the Retirement System moved on from their previous consultant, Graystone. The $230 million retirement system recently hired Southeastern Advisory as the new investment consultant.
The Nuance accounts had a market value of approximately $12 million as of September 30, 2022. Funds will be transferred to an S&P 400 Value Index Fund in the interim.
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!
Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
Frederick County Updates Asset Allocation Structure, Consolidates US Equities
January 29, 2025
Medford CRS Initiates $10M US Small Cap Value Search
January 28, 2025
Tulare County Updates Allocation Benchmarks, Ups Real Assets, Private Markets
January 21, 2025
New Orleans SWB Hires Six Managers for $96M Active Equity, FI Mandates
January 17, 2025
Holyoke Invites Finalists for RE, FI Searches, Launches $20M RFP for Large Cap
January 14, 2025
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy