Real Assets
The plan terminated an EAFE value equity manager that had been placed on watch in June for underperformance.
The plan is looking to fill a 5% target to liquid real assets within its OPEB portfolio approved over the summer.
The plan will issue an RFP for non-discretionary and discretionary services in January.
The plan will first issue the fixed-income and private equity RFPs in the next two months.
The plan disclosed recent private equity, real assets and private credit commitments made in the last five months.
The plan’s consultant said there are additional strategies it might consider for diversification purposes.
The plan disclosed a recent infrastructure commitment with a new manager.
Plan added real estate and real assets commitments totaling $60 million this week.
The university approved private equity, private real assets and public equity investments with new and existing managers within its endowment and liquidity pools.
He will focus on scaling and strengthening Vision Ridge’s asset management and governance capabilities.