Asset Study/Review
The organization pivoted its asset allocation toward domestic large-cap equities as part of revisions and also added a real assets strategy.
The university approved a new investment policy with asset allocation changes for its endowment, including increases to global equity and private equity, and its retirement plan, including an increase to private debt.
The plans have both adjusted their asset allocations since moving to Mariner Institutional.
The university will consider a proposal to divest its endowment from companies that facilitate the Israeli occupation of Palestinian territory at its October meeting.
The college savings plan placed four strategies on watch for performance issues, while removing one from watch status at its July board meeting.
The retirement plan replaced its domestic core-plus fixed-income manager yesterday.
The university has formed an ad hoc committee to review a petition to divest its endowment from companies financially benefiting from the Israel-Hamas war.
The plan also terminated eight managers as part of a public equity implementation.
The pension plan introduced a 2% target to real estate debt as part of a new asset allocation policy adopted last month.
The plan adopted a new asset allocation last month.
