Searches And Hires
The university hired a new firm to provide investment management services for its financial assets as well as those of its foundation following a search from last year.
The fund approved conducting a search for a U.S. small-cap value equity manager and an international growth equity manager to replace two existing firms within its portfolio due to a decline in strategy assets.
The plan has hired a wealth management firm as its new investment manager and the firm has entered a strategic collaboration to modernize the college savings plan.
The pension fund added a $10 million commitment to a new manager relationship this month.
The two international equity managers were placed on watch for performance reasons.
The tribal nation is searching for firms to provide investment management and investment advisory services alongside custodial and record keeping, participant accounting and tax reporting services.
The plan also retained two incumbent managers in its large-cap search.
The pension fund has issued a pair of passive core and high-yield fixed-income manager RFPs.
The plan also made a private equity commitment in June.
The plan agreed to a consultant recommendation to terminate an underperforming international small-cap equity manager this week.