Searches And Hires
The foundation added an undisclosed commitment to a manager’s second private credit impact investment fund, which targets senior secured loans.
The foundation made a direct lending commitment with a new manager within its endowment in the third quarter.
The institution has invested in two cryptocurrency exchange traded funds within its endowment.
The plan is searching for a firm to provide private equity and private credit consulting services.
The plan also terminated a domestic small-cap growth equity manager.
The plan rehired two of its managers and terminated one as it wrapped up its search process at today’s meeting.
The pension fund approved an RFP for a single infrastructure platform to handle a mandate target between $250 million and $450 million last week.
The retirement system added a non-core real estate commitment last quarter following a search report from its consultant.
The retirement fund is considering a real estate strategy that targets affordable housing as well as neighborhood and community retail/mixed use within the city of Chicago.
The retirement system terminated its active domestic large-cap growth equity manager last month due to underperformance.