Searches And Hires
The university’s investment office is seeking entrepreneurs looking to launch their own investment management funds to participate in the second cohort of its Prospect Fellowship.
The university selected a new non-discretionary investment advisor for its operating investment portfolio after launching a search earlier this year due to standard due diligence requirements.
The state’s treasury office is looking for firms to provide investment advisory and performance reporting services related to several of its funds.
The community foundation hired a new investment advisor in the fourth quarter, replacing its incumbent, which had been providing the services since at least 2012.
The new asset allocation includes a 5% private credit target.
The retirement system previously authorized a change to its $37 million investment with the hedge fund manager at a Feb.19 meeting.
The commitments fulfill the plan’s private markets pacing schedule this year.
The program will also invite its domestic mid-cap growth equity manager to present at a future board meeting with the intent of placing the firm on watch due to underperformance.
The city has yet to determine a date for final selection.
The retirement system rehired its incumbent following a similar search in 2018.