Fixed-Income
Plan has issued RFPs for minority-, women- or disabled-owned core bond and short-duration bond managers.
The plan introduced a 5% target to private debt and restructured its U.S. fixed-income and both U.S. and non-U.S. equity portfolios last week.
FIN Searches data finds the fixed-income space saw a hike in activity during the first quarter, which the industry believes can be attributed in part to the high interest rate environment.
The plan will issue its RFP for multi-sector fixed-income managers later this month.
The recommended changes include introducing a 5% target to private debt and restructuring the plan’s U.S. fixed-income and both U.S. and non-U.S. equity portfolios.
The university rehired its incumbent operating funds manager after issuing an RFP at the beginning of the year.
The plan approved an RFP seeking value-add real estate managers to handle $7 million.
The plan is seeking active core and core-plus bond managers to handle roughly $125 million each.
The city is looking for a firm to manage its long-term and short-term portfolios.
The global asset manager has agreed to acquire a CLO team and platform based in Europe.