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The firm hired a new managing director to expand its investment leadership team.
The district was slated to rehire Chandler Asset Management to provide investment management services.
The city will consider discretionary investment advisors.
The retirement fund adopted the new targets after receiving an asset allocation study at a meeting this week.
He joins the firm from the business development team at Gramercy Funds.
The university disclosed follow-on real estate and venture capital commitments made with existing managers within its endowment in the first quarter.
The university has begun the process of reviewing a resolution that would limit basing investment decisions on political and social events unrelated to the university in response to campus pressure to divest from companies involved with the Hamas-Israel armed conflict.
The university elected three new board of trustees members from investment management firms at its meeting in the second quarter.
Global recession should be avoided in 2024 as global growth will be in line with consensus expectations across major regions, according to a recent investment manager’s survey.
The foundation is searching for a director to evaluate, recommend and monitor investment opportunities across public markets, including global equity, marketable alternatives and credit.