Searches And Hires
The retirement system approved a new bundled provider/record keeper following diligence and presentations from three finalists.
The fund anticipates hearing recommendations to add new multi-strategy hedge fund managers as well as introduce long-short active management in the international equity portfolio at its board meeting today.
The search is being conducted as part of best practice purposes.
The retirement fund began a search in June due to contract expiration of its incumbent consultant.
The pension plan shifted its emerging manager program to a U.S. small-cap equity mandate to increase its chances of achieving excess returns.
The university added two hedge fund strategies with existing managers within its endowment in the third quarter.
The foundation made an undisclosed commitment to a fund-of-funds targeting diverse-owned venture and growth equity managers.
The hire concludes a search launched in April due to incumbent Cook Street Consulting’s contract expiration.
The university has issued an RFP seeking investment advisors for its 403(b), 457(b), and 401(a) defined contribution plans.
The foundation is seeking information from investment advisors to oversee and manage its portfolio, including investment strategy development, risk assessment and cash flow management.