Real Return
The pension plan will conduct an invitation to bid to fill its 25% public real return allocation.
The commitments represent new manager relationships for the council.
The deferred compensation plan terminated its TIPS manager following a diversified inflation strategies search report in November.
The RFP will seek one or more short-duration high-yield fixed-income managers.
The plan concludes a search that began in February.
The plan is looking for replacements for its dynamic asset allocation investment.
A university in the South approved commitments to private equity and real estate funds within its endowment and changes to the public equity and fixed-income managers within its endowment and operating pools at its investment committee meeting last week.
The former deputy cio of a university in the South has joined a Northeast-based alternatives investment manager that invests in credit, private equity and real estate.
The employees retirement plan made more than $80 million in commitments in the first half of 2020.
A Midwestern university disclosed follow-on commitments to real estate, absolute return, venture capital and private equity investments at today’s board meeting.