Searches And Hires
The plan will also receive an infrastructure search report next month.
The pension plan agreed to increase its global equities target by reducing its global private equity target from Oct. 1 through Dec. 31, 2024.
The system is seeking a manager to handle its portfolio, search for new investment managers, develop its investment policy and review its asset allocation, among other responsibilities.
The pension plan’s hedge fund committee considered four commitments and a manager termination at its meeting this month.
The plan received information on a total of 15 managers at its meeting today.
The pension plan recently committed $280 million total to credit and real estate funds.
The plan made private equity and private credit commitments for pacing purposes.
The foundation has added four investments with new diverse managers within its portfolio after adopting an investment strategy with a racial equity lens in the first quarter.
The retirement system has issued an RFP for general investment consulting services.
The university disclosed follow-on private equity, venture capital and private credit commitments with existing managers within its long-term portfolio in the second and third quarters.