Asset Study/Review
The plan also made two private markets hires earlier this year.
A university in the Mid-Atlantic region significantly increased its allocation to private equity investments over the course of the 2020 fiscal year.
Plan added several new asset classes as part of asset allocation targets approved at today’s board meeting.
The plan extended its general investment consultant contract with Verus and discussed its ongoing asset/liability study this week.
A fund in the Great Plains region invested in two new active absolute return managers and terminated an existing absolute return manager at its board meeting last week.
A fund in the South is considering changes to its investment policy statement to expand current fixed-income guidelines to allow its core plus managers opportunities to deliver additional alpha.
A 529 plan in the South added a domestic small-cap equity manager to its watchlist for performance concerns.
The plan has created a new target to direct lending as part of a new asset allocation policy.
A university based on the West coast has committed to hearing 100 pitches from diverse investment managers across public and private asset classes in the first half of 2022 as part of its interest in building its exposure to diverse firms.
A university based on the West Coast has committed to not pursue any future investments in fossil fuels within its multi-billion-dollar portfolio.
