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The acquisition will see roughly $2.3 billion in assets move to C.S. McKee.
The plan is slated to select a shortlist of managers at its investment committee meeting next week.
The plan was slated to hire a consultant at its board meeting last week after launching a search in September.
The plan interviewed two firms earlier this month as it looks to replace Western Asset Management.
The plan’s investment consultant will present potential alternatives at its next investment committee meeting.
Manager research teams must work harder and tailor their marketing approaches in order to gain attention and win assets from consultants in a changed investment environment, a new study finds.
Myers serves as partner and non-profit solutions leader at Aon, where she works with the Chicago-based consulting firm’s endowment and foundation clients on asset allocation, risk management and investment strategy.
The university moved its endowment toward private equity, U.S. equity, global equity and hedge funds, as part of a new investment policy statement approved at its November meeting.
The endowment is preparing to conduct a search for an investment consultant for its portfolio after wrapping up its U.S. direct lending manager search at its November board meeting.
The director will lead management of the investment portfolio’s quantitative and systematic strategies, primarily sourced through derivative investments.