Real Assets
Plan will take a deep dive of the international equity space for potential options after placing a EAFE value firm on watch today.
Plan added a $15 million private equity commitment at last week’s board meeting.
Plan made asset allocation changes in an effort to move closer to its long-term policy and disclosed four commitments today.
Plan may conduct a non-core real assets manager search in the third quarter and recently simplified its domestic equity portfolio.
Plan approved four new alternatives commitments and has begun a search for an investment analyst.
Plan’s incumbent tangible assets consultants were the only respondents to an RFQQ issued in February.
The university has added two commitments as part of its initiative to invest 5% of its portfolio in impact investments, while reducing the carbon footprint of its portfolio over the last two years.
The Western state senator has introduced a bill to create a nonprofit and endowment to support economic development and diversification in communities across the state that have historically relied on fossil fuels.
The plan committed $700 million to two alternative managers.