Asset Study/Review
The plan will replace its non-core infrastructure target with a core allocation.
The new asset allocation introduces private credit and infrastructure asset classes.
The plan approved a core-plus fixed-income manager search and terminated its hedge fund-of-funds mandate as the result of a new asset allocation policy.
The plan authorized two private equity fund-of-funds searches and terminated two managers within its diversified strategies portfolio as the result of a new asset allocation policy.
The institution expects its exposure to climate transition solutions to exceed exposure to fossil fuels in the coming years as investment activity in climate transition ramps up and fossil fuel exposure winds down.
The college announced it will eliminate all direct holdings of fossil fuel companies and will not make new investments in private funds that focus exclusively on oil and gas extraction.
The plan added a balanced fund manager within its advisor and direct plans to its watchlist due to underperformance.
The education system will consider revisions to the target asset allocation for its portfolio as part of changes to its investment policy statement at a special meeting today.
The healthcare system is currently conducting asset allocation studies for its operating fund and pension plan after receiving an education from its investment consultant on new asset classes including, private equity, private debt and real estate at a November workshop.
The plan will consider active core and core-plus fixed-income manager hires in May as a result of a new asset allocation that also eliminated its 2.5% risk parity target yesterday.