Private Equity
The plan terminated the sole manager handling its $169 million portfolio.
Search is for an investment analyst focused on alternative assets for two funds totaling almost $2 billion.
A university in the Midwest will look to divest its exposure to Russian investments within its long-term portfolio, while pledging to make no further investments in the invading country.
A university based in a Southern state added private equity, hedge fund, private debt and public equity investments during the first quarter.
The plan approved up to $650 million in new private commitments at its board meeting yesterday.
Plan added $225 million in private equity commitments in early February.
The plan will seek a firm to review its investment practices and administration.
The plan chose the firm over finalist State Street Global Advisors and committed to three private equity managers this week.
