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The plan also received a private markets pacing plan in January.
The retirement fund will fully redeem its active domestic mid-cap value equity mandate due to underperformance.
The pension plan will be looking to fill a new 4% target to the sub-asset class.
The plan made two commitments in the asset class since its last board meeting.
The firm’s new managing director will focus primarily on sourcing, analyzing and managing private market investments on the West Coast.
The wealth management firm is acquiring an investment manager based on the West coast along with its advisory team as part of its strategic growth plan of enhancing its research and investment talent.
An investment firm focused on climate-related investments has made a strategic investment in a private markets firm that is focused on environmental sustainability.
The analyst will assist in all stages of the university’s investment process, including sourcing, origination, due diligence, implementation of investment opportunities, monitoring and portfolio management.
The university has hired a v.p. for university advancement and executive director for its foundation to develop and execute its fundraising strategy.
Smaller college and university endowments outperformed their larger peers for the second year in a row, according to the National Association of College and University Business Officers’ 51st annual study of endowments.