Searches And Hires
The plan liquidated its inhouse passive global equity mandate and made $1.6 billion in total commitments in April.
The secure choice savings program was created in 2021.
The plan established a 2% allocation to the asset class earlier this year.
Plan added a $50 million commitment to an existing manager relationship.
The plan hired a new manager for domestic large-cap growth equities during a meeting today.
Plan is conducting an RFP for investment and plan design consultant services.
Plan added $315 million in alternatives commitments with existing manager relationships last week.
The plan expects to commit $225 million total to real estate this year.
The fund approved closing its investment in an emerging markets index strategy and transferring the proceeds into a passive vehicle with two sleeves with an existing manager.
The university approved buyout and growth equity commitments with private equity managers that represent new relationships for the institution.