Searches And Hires
The foundation recently committed $4 million to a value-add real assets manager investing in climate-resilient U.S. farmland and timberland.
The foundation tabbed a new outsourced cio to manage its portfolio with a mission-aligned process, replacing its incumbent provider of more than a decade following a search launched earlier this year.
The deferred compensation plan does not currently utilize an external record keeper.
The retirement system has issued three RFPs for domestic large-cap and international value and growth equity managers.
The plan will review a draft of an RFP expected to be issued in late August.
The plan is also expected to hire high-yield and investment grade bond managers later this year.
The plan approved commitments totaling $160 million across four funds in April and May.
The retirement system’s international small-cap portfolio consisted of a $57.8 million core mandate with Global Alpha Capital Management.
The commitments were made to two existing managers.
The retirement system hired a new domestic small-to mid-cap core equity manager in the second quarter.
