Searches And Hires
The plan also terminated an active domestic large-cap growth equity manager in December.
The plan’s board would prefer not to conduct an RFP and instead gather data informally.
The plan initially hired the core real estate manager in November as part of a search that was launched in 2022.
The commitment is part of the retirement system’s annual pacing plan that will target three to four managers.
A university based in the Midwest has rehired an investment manager following a search process.
A state-sponsored endowment based in the South is looking to commit direct lending commitments to one or more managers.
A tribal nation based in the Great Plains region has issued an investment management RFP for a planned reserve fund portfolio.
The commitments were made with five existing managers.
Two state funds on the West Coast have announced finalists as part of a search for investment managers.
The system approved private equity and real assets commitments with existing investment managers within its endowment at its board meeting last month.