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The foundation added public equity and real assets managers to its approximately $1.1 billion investment portfolio over the course of the last fiscal year.
The foundation hired its inaugural cio from a nearby nonprofit to review and evaluate managers’ performance and assess new investments following a search from the second quarter.
The plan will commit $100 million total to three private credit funds next year.
Greg Lindsey joins as managing director for client and partner solutions.
The city intends to hire a new manager to handle its investment portfolio.
Matthew Armas will become the new senior v.p. and cio at Prudential Financial next year.
The plan voted to add a passive option for the asset class that can be funded at a later date if they choose.
The plan received three proposals in response to an RFP issued in April.
The fund exceeded its $3 billion target.
ASU Enterprise Partners CIO Jeff Mindlin is leaving the organization to join The Nature Conservancy as its next investment head this month.