Asset Study/Review
Plan added alternatives commitments in September, August and July.
The university approved a new investment policy statement in the first quarter that included the addition of commercial mortgage-backed securities to its list of eligible fixed-income investments.
The plan increased the allocation range for its global equity emerging manager program by 5% this week.
The college savings plan removed an international equity manager from watch status after four years due to improved performance.
The treasurer’s office is divesting from the firm within the state’s 529 college savings plan.
The foundation approved a maiden private credit target and increased its allocation to hedge funds following an asset allocation study.
The university is considering a proposal to increase its asset allocation targets to global equity and private equity.
The university will consider taking a more discretionary role in the management of its non-endowed portfolios.
The new strategic asset allocation increases its private equity and private credit targets.
The fund is looking to build out its alternatives allocations to align its portfolio with a new strategic asset allocation approved in June.