Searches And Hires
The plan hired a pair of bank loan managers to handle roughly 3% of its overall portfolio this week.
The plan replaced several of its passive mandates with Vanguard Group at yesterday’s board meeting.
The retirement systems concluded a general investment consultant search last month following finalist interviews held last quarter.
The institution rehired its discretionary investment advisor over two other finalists following the issuance of an RFP in the first quarter of 2023.
The commitments include one to a first-time manager.
The foundation hired a new investment consultant in the fourth quarter following a search based on its new strategic plan.
The system has launched a search for an investment advisory firm to help actively manage its cash and investments portfolio on a day-to-day basis.
The funds have issued an RFQ seeking fixed-income managers to invest monies on behalf of one, or both, of the funds.
The plan interviewed a total of four consultant finalists today.
The board replaced existing passive domestic equity and hedge fund managers at a meeting last month.