The institution expects to receive formal recommendations on asset allocation changes to its liquidity pool from its general investment consultant at a future board meeting.
The pension plan will consider tweaking its asset allocation for fiscal year 2024 at its board meeting tomorrow and disclosed commitments totaling $450 million at today’s investment advisory committee meeting.
The fund extended the watch list status for one of its domestic equity managers during its August board meeting despite improved performance over the last three quarters.
The university revised its long-term targets for drivers of return of its endowment, increasing its target to equities at the expense of absolute return, credit and real estate.
The college is fine-tuning its hedge fund and private equity portfolios in the near term as it makes progress on its long-term goal to divest from fossil fuel investments.