Asset Study/Review
The university is set to allocate more to domestic stocks and private equity within its largest endowment portfolio after revising its target asset allocation last week.
The search is being conducted as part of a previously approved investment consultant strategy.
The pension plan approved a private debt manager search and new 2025 fiscal year asset allocation policy for its four systems last week.
The asset class would be new for the two plans.
The pension plan has replaced its domestic core-plus fixed-income manager due to personnel changes and underperformance.
The university is closing on its goal of allocating 2.5% of its endowment to climate solution investments after creating the target in 2022 as part of broader goals to achieve a net-zero carbon emissions endowment.
The search, initially launched in 2022, has been on hold amid board changes.
The pension plan will consider approving a private debt manager search and a new 2025 fiscal year asset allocation policy for its four systems this week.
The plan recently considered replacing its domestic core-plus fixed-income manager due to underperforma
The pension plan updated its asset allocation policy for fiscal year 2025 and beyond after receiving an asset allocation review this week.