She is responsible for origination and portfolio management for the firm’s real estate platform.
University will target multifamily housing and industrial supply chain properties after it increased its allocations to real estate, infrastructure and private equity assets within its retirement plan last week.
System approved two real estate commitments within its endowment at its board meeting last month.
The searches will go live on May 2.
Plan’s investment committee will review a recommendation to rehire the incumbent consultant.
The plan replaced the cash overlay provider for its Commingled Trust Fund and approved two private equity commitments yesterday.
The previous ceo will remain on the firm’s leadership and investment teams.
The plan will review allocation options in June after receiving educations at its board meeting yesterday.
The plan will look to identify potential diversification opportunities outside core real estate to increase its expected return.
Plan will seek one core firm and one core-plus bond manager to split a proposed long-term target of 24% to the overall asset class.