Searches And Hires
The endowment added growth equity, buyout and natural resources commitments in March.
The university approved fully liquidating a hedge fund manager and committing to a private equity strategy within its endowment in the first quarter.
The city expects to initiate negotiations with the preferred candidate on Aug. 21.
The city expects to make a final selection on June 23.
The plan’s current consultant contract is set to expire.
The manager will handle a new 3% long Treasury target allocation.
The plan is looking to create a pool of consultants to advise its investment office across all asset classes.
The plan added two core-plus fixed-income managers to the portfolio and made 11 alternatives commitments in the first quarter.
The plan last conducted an investment consultant search in 2019.
The plan sees fixed-income opportunities in the decarbonization of the economy.