Alternatives
A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
The recommendation will come from its general investment consultant later this month.
Plan committed to a sustainability fund at this week’s board meeting.
The plan disclosed commitments and hired a security analyst.
A foundation based in the Midwest added a private debt allocation and reclassified two investments under the asset class last year.
A Midwestern university foundation added a maiden allocation in the fourth quarter.
A community foundation in New England added global public equity and hedge fund investments to its portfolio last year.
Plan is in the midst of an RFP for marketable alternatives managers originally approved last year.
She will engage with and grow AIMA’s membership in the U.S., the association said.
He will serve as a managing director in the alternatives product development group.