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The state treasurer’s office is seeking a record keeper that can provide administration, record keeping and customer services for the program, which was effectively created through legislation in 2021.
The state trust fund has hired a new real estate manager to handle investments in a core real estate index fund and a secondaries fund.
The corporation has named its next ceo and cio as its current head is set to retire at the end of the year after a decade of service.
The plan is seeking help in developing a customized private markets consultant RFP.
The retirement system will conduct a full search for emerging managers-of-managers after reviewing a consultant presentation on available options at today’s meeting.
The fund was oversubscribed and represents the firm’s largest fundraise since its 1986 inception.
James Miller will serve alongside Co-President Kort Schnabel, who was appointed to the position in 2022.
The plan also terminated its mandate with Western Asset Management at today’s board meeting.
The pension had launched a search for a new manager in May.
The university has allocated approximately $15 million to a passive strategy that invests in the Bitcoin digital asset.