The university has extended the deadline for proposals in its search for an outsourced cio to oversee its endowment and operating portfolios by 10 days.
The state agency has initiated a search for an investment consultant due to the upcoming contract expirations of its incumbent providers, which are allowed to rebid.
The PFMAM outsourced cio business has about $35 billion in assets under management and has turned to the endowment and foundation space as an area of emphasis.
The plan’s investment committee opted to rehire general investment consultant NEPC over finalist Meketa Investment Group following interviews yesterday.
A consulting firm increased the number of diverse managers in institutional client portfolios to 331 in 2023 from 285 in 2022, 270 in 2021 and 190 in 2020.