The authority also hired a total of six new managers within its global equity and fixed-income portfolios as part of an asset allocation policy approved in February.
The fund is searching for an investment consultant for its two portfolios totaling more than $4 billion in assets as the contract of its incumbent consultant, which has provided the services for more than two decades, is set to expire at the end of the year.
The college has awarded a new firm in its search for a single firm to provide investment management consulting services due to the impending contract expiration of its incumbent provider, which rebid for the services.