Asset Study/Review
The plan will first issue the fixed-income and private equity RFPs in the next two months.
The university will now consider sustainability factors as part of its investment decision-making process after approving a new investment policy statement this summer.
The plan is in the early stages of evaluating its long/short equity, absolute return and fixed-income credit portfolios.
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.