Searches And Hires
The university will consider adding a new manager to its endowment to handle a high-yield bond mandate through partial redemptions of two domestic large-cap equity managers.
The institution is seeking an investment manager to provide investment strategies and solutions to maximize investment returns for its operating, long-term, endowment and surplus funds.
The foundation approved a commitment to a buyout private equity strategy with a new investment manager in the second quarter.
The plan approved the elimination of an active mid-cap equity mandate that had been on watch since last year.
The railway’s board is searching for an investment advisor to help implement a trust fund, which will have an initial $1.6 billion allocation.
The pension plan recently committed approximately $2.2 billion total to eight funds and terminated an existing credit strategy.
The plan intends to issue RFPs for active core fixed-income and domestic small-cap value equity managers next month.
The plan has not made a new commitment to private equity since 2014.
The county expects to select a firm at its Oct. 9 governing committee meeting.
The plan is looking to hire a small- to mid-cap growth equity manager to handle $85 million.