Searches And Hires
The plan committed $911 million total to a core real estate strategy and three buyout funds yesterday.
The firm is being monitored due to performance and recent personnel turnover.
The trust hired a new general investment consultant at its board meeting yesterday.
The foundation has issued an RFP seeking an investment consultant for its endowment and operating accounts.
The selected consultant will run a review of and RFP for plan provider services.
The plan increased its floating rate debt and real estate targets to 20% each in the third quarter.
The plan will look to fill allocations to private equity, global infrastructure and real estate.
The plan is considering rehiring its general investment consultant and selecting a new consultant for its real estate and real assets portfolios.
The plan committed to a new private equity manager last week.
The plan has launched a search for an investment consultant due to the upcoming contract expiration of its incumbent, which is allowed to rebid.
