Asset Study/Review
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.
The foundation has transitioned its endowment to mission-related investments that promote environmental sustainability.
The policy will allow staff to take advantage of time-sensitive investment opportunities.
The plan increased its total private markets target as the portfolio is currently overweight to private equity and private real assets and recently placed an MSCI EAFE Index fund manager on watch due to underperformance.