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The university is barring investment decisions that are based primarily on environmental or social factors in light of a new state law, while its outsourced cio looks to increase private real estate allocations.
The plan is seeking a firm to actively manage its portfolio as well as advise on market conditions, risks and opportunities.
The university is searching for a firm to provide services for a portfolio that seeks to allocate to investments with a maximum maturity of 5.5 years and a maximum aggregate duration of no more than three years.
The tribe conducted a similar search for investment management services for its permanent and donation funds in 2019.
The analyst fills a vacant role on the fund’s real estate team.
Linden Capital Partners VI was oversubscribed.
The oversubscribed fund closes with approximately $1.31 billion of capital commitments, including $162 million of committed co-investment capacity.
The private investment firm’s new head of business development joins from Paine Schwartz Partners.
He previously served as a senior portfolio manager for the United Parcel Service’s $43 billion pension portfolio.
The system will discuss an implementation plan for the new asset allocation policy next month.