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The plan reviewed proposed allocation mixes that add a dedicated high-yield bond target while significantly increasing intermediate grade core-plus fixed-income, both of which would result in searches for new managers.
The pension plan replaced its domestic large-cap growth equity manager in the second quarter due to underperformance.
The foundation hired a director of private investments in July and is seeking an investment associate after bringing its investment management and operations in-house earlier this year.
The health system has added at least four new members to its investment team in recent months, including a director focused on private equity.
The venture capital manager held an initial close for its second fund-of-funds targeting climate-focused technology after garnering investments from nearly 40 investors.
The former Johns Hopkins cio joins as a senior partner to help shape customized investment strategies built for clients and access top institutional alternative investments.
The retirement system rehired its incumbent manager after similar searches in 2006 and 2018.
Wesley LePatner, senior managing director at Blackstone, was killed at the firm’s New York headquarters following an incident on Monday.
The retirement fund’s investment committee will interview three finalists in a $737 million search next week.
The plan issued an RFP in January due to the contract expirations of its incumbents, which all submitted bids in the search.