Searches And Hires
The college is seeking an investment consultant to provide non-discretionary investment services across its three defined contribution plans totaling more than $80 million.
The retirement system will also see its deputy executive director retire next week.
The plan’s investment committee approved new emerging market debt and private equity investments today.
The state pension fund is considering a private markets emerging manager program and will issue an RFI as it looks to gather further insight into the process.
The retirement system also recently hired a new international growth equity manager.
The potential search follows the termination of its incumbent active manager last month due to performance concerns.
The university disclosed the recent addition of three new private equity strategies within its endowment in between its first and second quarter committee meetings.
The state’s treasury department is seeking two firms to provide record keeping, administrative and communication services as well as custodial and investment advisory services as it looks to reduce its current fee structure.
The fund concluded a recent RFP with three private equity commitments totaling $50 million.
Plan staff intends to bring minimum qualifications in its domestic small-cap value equity manager search to the board next month.
