The foundation has issued an RFP seeking an investment advisory firm to help manage its portfolio, including providing strategic and tactical investment advice, compliance-related monitoring and performance benchmarking.
The fund approved the addition of core fixed-income, international equity and private equity secondaries investments during its board meeting last week and is slated to consider combining two of its ten investment pools later this month.
The foundation is searching for an investment analyst to handle due diligence of prospective managers, recommend new hires as well as monitor risk levels of existing managers and portfolio performance.
The foundation has tabbed its next senior v.p. and managing director of investments as its investment head retired on May 31 after nearly 24 years in the role.
The state agency has initiated a search for an investment consultant due to the upcoming contract expirations of its incumbent providers, which are allowed to rebid.
The trust fund will consider adding core fixed-income, international equity and private equity secondaries strategies with new investment managers to its portfolio during its board meeting this week.
The investment manager for four 529 plans has teamed up with another firm to provide record keeping and other services for the college savings programs.