The pension plan hired a manager to handle a maiden 5% allocation to emerging markets equity after finalist interviews at its meeting this morning.
The pension plan is looking to invest $10 million to $30 million in a manager-of-managers by the end of the year.
A Midwestern pension plan will receive presentations from emerging manager-of-managers next week.
A Southern based fund approved a new asset allocation in June.
A Louisiana-based pension plan will review a draft RFP for emerging managers-of-managers at its board meeting next week.
A Northeastern pension plan will issue an RFP for a firm to help invest in direct hedge fund managers going forward.
A Midwestern pension plan has issued an RFP seeking international equity emerging managers.
A California pension plan added a $300 million commitment in support of its private equity program targeted at underserved managers.
At least four prominent universities have provided responses to an inquiry from two congressmen about the diversity of their endowments.
A Mid-Atlantic university has selected the co-founder of a private equity manager as its board of trustees’ chairman.