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The alternative investment firm raised approximately $400 million for private credit and equity tranches of lower middle market business across healthcare, business services and education sectors.
The plan awarded a contract to its incumbent consultant last week.
The firm is predicting moderate global equity performance, better high-yield bond returns and strength in private credit over the coming decade.
The plan is searching for an outsourced cio in an effort to generate higher returns.
The pension system will interview three recommended finalists at its March 6 board meeting.
The retirement plan also terminated a core-plus fixed-income manager.
The director will lead the public markets manager research team and oversee the investment process.
Portis joined TIFF Investment Management as head of member portfolio management and services in 2020 from Mercer. She took the time to answer five questions with FIN News.
President Donald Trump signed an executive order to establish a sovereign wealth fund on Feb. 3 to promote fiscal sustainability, lessen the burden of taxes on American families and small businesses and establish economic security for future generations.
The firm has hired two leadership positions to help develop private markets investment solutions for the wealth management marketplace while educating financial intermediaries and their clients.
