Asset Study/Review
The plan terminated its previous consultant less than one year into its contract.
The fund anticipates increasing its private equity pacing plan in the coming months as recommended by its general investment consultant.
The university recently revised the target asset allocation for its long-term reserves portfolio, increasing its allocations to domestic and international equity.
The plan is also considering adding risk mitigating strategies.
The pension plan hired two infrastructure managers as the result of a newly approved asset allocation policy in the second quarter.
The fund is reducing its private markets pacing as it is increasing its distribution rate.
The investment board was informed that two of its client funds have adopted a new asset allocation policy at today’s meeting.
The fund approved adopting changes to its target asset allocation at its September board meeting as it also made a $100 million infrastructure commitment.
The board voted to divest from companies owned or controlled by the Chinese Communist Party on Sept. 24 and expects the action to be completed by early 2026.
The university revised the asset allocation for its long-term investment pool, increasing its allocation to domestic and private equity, as part of a new investment policy statement approved at its September board meeting.