Searches And Hires
The retirement fund also tabled a proposed value-add real estate commitment today.
The retirement system will discuss implementing its new strategic asset allocation with manager searches.
The pension system also reviewed a private equity pacing plan last week and sent out an invitation only multi-asset credit RFP in April.
The search is being conducted for due diligence purposes.
The institution will continue pursuing private equity, venture capital, real estate and certain kinds of hedge funds after revising its asset allocation in the last six months.
The fund approved a venture capital commitment with an existing manager this month as part of its pacing plan to commit $140 million per year to the asset class.
The university considered a private equity buyout commitment and increasing its investments with two existing global public equity funds by $30 million at this week’s meeting.
The retirement system interviewed two private credit managers at its March investment committee meeting.
The pension system recently disclosed three new $15 million private equity commitments.
The tribe is seeking an investment advisor to assist with the implementation and ongoing management of its investment program after it recently approved investment policy statements for its long-term investment portfolios and minor’s trust.