The fund expects to hear recommendations to add private markets and real estate commitments next year.
A partnership of independent fiduciary wealth management firms has named a new ceo to take over in February.
The system has issued an RFQ for firms to provide investment advisory services for its 401(a) and 457(b) retirement and deferred compensation plans.
The Western boutique investment firm has entered into an agreement to acquire a Memphis-based investment manager’s approximately $650 million in assets.
The firm appointed its president of EMEA and global head of institutional banking and markets as co-presidents of asset serving as the current head is set to retire after 40 years at the firm.
The fund hired an individual to lead its co-investment and direct investment program, which began last year as part of an updated strategic plan.
The system will review the asset allocation for its trust portfolio in the first quarter of 2026 before evaluating if additional private equity commitments are needed to reach its policy weight.
The promotion comes as the foundation’s current managing director for private markets recently departed.
The firm launched an actively managed, high-conviction equity portfolio as it recognized the need for a diversified mix of energy sources to meet rising demand.
The plan will consider replacing a domestic large-cap equity fund on watch status and approving a new asset allocation for its portfolio at its December board meeting.