Asset Study/Review
The pension plan approved a fiscal year 2025 real estate investment plan on Friday that calls for $240 million in total commitments to the asset class.
The pension plan hired a private debt manager and a private equity fund-of-funds manager to each handle 2% allocations in February.
The retirement system introduced a 3% public real assets target and made two private equity commitments in February.
The pension plan eliminated its 5% real estate target as part of a new asset allocation policy approved in the first quarter.
The university has incorporated an investment policy prohibiting proxy votes based on ESG-like considerations and slightly adjusted a hedge fund portfolio after completing an asset allocation study.
The fund is looking to add buyout, growth, venture capital and GP-led secondaries strategies to its endowment.
The healthcare system has slated an investment policy review from its general investment consultant for the third quarter.
The project basis-consultant will conduct an asset/liability study on behalf of the county’s three plans.
The pension plan will liquidate its entire domestic equity roster.
The searches follow asset class reviews by the plan’s general investment consultant.