Alternatives
The plan made private markets commitments totaling $15.8 million and appointed an executive director/cio last month.
The system approved a private equity commitment to an existing manager within its endowment last month.
The university approved a private equity commitment to a new manager within its endowment fund alongside changes to its investment policy.
Plan staff will interview five firms in its search for non-discretionary private markets consultants before returning with finalists.
The plan’s hedge fund committee considered a $175 million commitment last week.
The termination follows a completed asset/liability study.
The plan committed to three funds run by new manager relationships.
The plan agreed to assign its alternatives consultant contract to its current general investment consultant last week.
The plan approved a private equity commitment and was informed of staff-delegated investments this week.
The plan will include its two incumbent international value equity managers in a search to review the asset class universe.