Searches And Hires
The search will focus on diversified private debt strategies.
The infrastructure commitment was under consideration at a meeting this week to complement an existing manager as the health system is also underweight its target to the asset class.
The university is seeking a non-discretionary investment advisor for its operating fund portfolio.
The new outsourced cio to provide an additional layer of investment expertise and decision-making following an RFP process issued for best practices.
The fund’s general investment consultant is recommending a private credit commitment to an evergreen strategy targeting an initial fundraise of $1 billion to $2 billion.
The search is being conducted as part of a normal due diligence process.
The university added two new developed markets equity strategies within its endowment during the fourth quarter after making three redemptions from developed markets equity allocations in the fall.
The foundation expects to approve an RFP seeking an outsourced cio to manage its endowment next month.
The pension plan made a core bond investment as well as an infrastructure commitment totaling $210 million last week.
The plan voted to hire new general investment and alternatives consultants at last week’s board meeting.