Searches And Hires
The investment board was informed that two of its client funds have adopted a new asset allocation policy at today’s meeting.
The plan recently made $285 million in private markets commitments.
The plan received an infrastructure search report that included two candidates at today’s meeting.
The pension fund also approved a private equity commitment and retained its general investment consultant following a search.
The retirement system will interview the finalists at its December finance committee meeting.
The retirement system is seeking a replacement for a recently terminated domestic equity manager.
The retirement system also approved a search for a multi-asset credit manager at the end of August.
The fund approved adopting changes to its target asset allocation at its September board meeting as it also made a $100 million infrastructure commitment.
A foundation based in the Midwest has selected a new investment consultant after conducting a search.
The consultant will oversee the university’s operating funds portfolio, including ongoing review and reporting of existing manager performance, assistance with the search and selection of new managers and cash flow analysis.