Searches And Hires
The plans have worked with incumbent Innovest Portfolio Solutions since 1999.
The retirement system approved the search at last week’s board meeting due to an upcoming contract expiration.
The plan approved the search at a board meeting yesterday for pacing purposes.
The retirement plan interviewed three consultant finalists for its alternatives portfolio.
The pension fund also reached the range for this year’s pacing plan for the asset class with a recent $50 million commitment.
The retirement system made investments of $100 million each to “fixed-income replacement” and infrastructure funds this week.
The retirement system will issue an RFP for lower middle market buyout funds.
The plan placed one manager on formal watch and terminated another.
The foundation has issued an RFP seeking a non-discretionary investment manager to handle a minimum of $15 million and maximum of $20 million of its portfolio.
The university is seeking fixed-income managers to handle separately managed mandates for three of its investment pools totaling approximately $284 million in assets.
