Searches And Hires
The pension plan’s investment committee approved commodities, fixed-income and private credit commitments last week.
The selected firm will assume an $86 million mandate currently handled by an underperforming manager.
The plan is seeking a firm to handle a $20 million mandate.
The pension plan liquidated an international equity mandate and made $1.8 billion in total commitments in September.
The plan replaced its target date fund manager due to the firm’s underperformance.
The university was slated to approve a buyout private equity commitment to a new manager within its endowment at its meeting last week.
The college is seeking a firm to advise and assist in the development of short-term and long-range financing plans as well as advise on investment of funds.
The institute has issued an RFP seeking an investment advisor to manage fund managers, recommend allocation changes and provide objective, external reporting on performance after canceling a search in 2021.
The foundation is looking to allocate a portion its investment portfolio to impact investments and has named a team member to spearhead the effort.
The pension plan approved commitments totaling $95 million with three existing manager relationships last week.