Searches And Hires
The plan’s investment committee agreed on a recommendation in its domestic core-plus fixed-income manager search.
The foundation selected a firm to help it conduct a search for an outsourced cio to manage its portfolio.
The nonprofit organization selected a firm to handle its more than $500 million endowment this month over three other finalists following a year-long competitive bid process.
The university added a commitment to a carbon trading impact fund within its endowment in the fourth quarter.
The investment consultant will oversee its approximately $2 billion portfolio after approving the RFP process in the fourth quarter.
The endowment is looking to deploy capital in new impact investments targeting change for the nation’s working forests and forest-reliant communities.
The plan has also terminated an underperforming international equity manager.
The agency’s investment portfolio was previously managed in-house.
The plan has placed a domestic small-cap value equity manager on watch due to consistent underperformance.
The search is due to the upcoming contract expiration of incumbent Meketa Investment Group.
