Alternatives
The university has incorporated an investment policy prohibiting proxy votes based on ESG-like considerations and slightly adjusted a hedge fund portfolio after completing an asset allocation study.
The firm has added the former executive v.p. and head of North America of a large asset manager as a senior advisor.
The fund is looking to add buyout, growth, venture capital and GP-led secondaries strategies to its endowment.
The Southern-based private equity firm has hired a managing director for its lower middle market strategy, which was launched last year.
The commitments include two new manager relationships.
The city made private equity commitments on behalf of its retirement plan and OPEB trust in June.
The plan is seeking firms that offer North American-focused fund-of-funds.
The searches follow asset class reviews by the plan’s general investment consultant.
The firm has closed its oversubscribed third growth equity fund with more than $275 million in commitments.
The plan will also receive presentations for potential real estate and private credit commitments at its next meeting.