Searches And Hires
The foundation has issued an RFP seeking an outsourced cio to determine its investment strategy, purchase and sell securities and provide performance monitoring for its endowment.
The pension plan made opportunistic real estate and buyout commitments totaling $275.5 million in January.
The plan had been scheduled to issue the RFP for due diligence purposes.
The plan’s current small-cap core manager was first hired in 2008.
The trust’s current investment consultant will see its contract expire this year.
The search is part of a scheduled review process.
The plan also interviewed two firms in its domestic large-cap growth equity manager search last month.
The plan will consider new structures for its infrastructure, non-U.S. equity and real estate portfolios later this week.
The plan’s current high-yield managers are on watch for performance reasons.