Searches And Hires
The fund has narrowed its search for a new global equity manager for its portfolio to three finalists and selected a firm in its domestic large-cap growth equity manager search at its board meeting this week.
The plan will conduct a search for multi-asset class credit investment strategies.
Plan is eyeing searches for active emerging market debt and private markets secondaries strategies following initial discussion earlier this month.
The plan last conducted a similar search in 2017.
The foundation is seeking a firm to oversee and administer its investment portfolio as well as develop and maintain its investment policy.
The university approved private equity, real estate and venture capital commitments with new and existing managers within its endowment toward the end of the second quarter.
The plan is looking to commit $100 million to a newly established credit hedge fund.
The plan last conducted a similar search in 2016.
The investment consultant will be responsible for a pension plan and an OPEB trust.
The plan will invest a total of $35 million with two farmland funds.