Asset Study/Review
The fund is looking to add buyout, growth, venture capital and GP-led secondaries strategies to its endowment.
The healthcare system has slated an investment policy review from its general investment consultant for the third quarter.
The project basis-consultant will conduct an asset/liability study on behalf of the county’s three plans.
The pension plan will liquidate its entire domestic equity roster.
The searches follow asset class reviews by the plan’s general investment consultant.
The authority also hired a total of six new managers within its global equity and fixed-income portfolios as part of an asset allocation policy approved in February.
The plan will also receive presentations for potential real estate and private credit commitments at its next meeting.
The pension plan recently committed up to $75 million to an existing hedge fund manager relationship and tweaked its private equity sub-asset class targets.
The hire concludes an RFP search launched as part of an investment consultant strategy in March.
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.