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An investment office at a university based on the West Coast is looking to add a director of investments overseeing its portfolio.
A nonprofit library based in the Midwest is looking to select a banking and investment services provider.
The university is searching for an endowment counsel and minerals manager to represent and advise clients, facilitate investment transactions, lead legal support for investment portfolio activity and oversee the minerals portfolio’s accounting and reporting functions.
The retirement plan will hear from six total firms across core and core-plus strategies in the coming months.
The plan also terminated an international small-cap equity manager for performance reasons.
Jason Adams will source new investment opportunities, perform due diligence and support portfolio company management teams to help drive value creation.
The retirement plan was notified of five commitments totaling roughly $1 billion last week.
The firm will provide services for the city’s $235 million long-term investment and roughly $22 million debt proceeds portfolios.
The firm raised the fund in a single closing and completed less than five months after its launch.