Real Estate
The search is to potentially replace an incumbent manager due to performance concerns.
The pension plan committed $125 million to new and existing manager relationships last week.
The plan’s real estate committee received four investment recommendations on Wednesday and approved a commitment in May.
The plan made hires following finalist interviews last week, concluding two RFP searches.
The plan added a value-add real estate commitment to its portfolio.
The plan made three follow-on commitments at this week’s board meeting.
The university approved private equity, real estate and venture capital commitments with new and existing managers within its endowment toward the end of the second quarter.
The university approved private equity, real estate and venture capital commitments with new and existing managers within its endowment toward the end of the second quarter.
The plan added a commitment to a firm’s sixth fund in a series after previous commitments to the preceding two funds.
The plan rehired its incumbent managers following searches launched earlier this year.