Searches And Hires
The agency has issued an RFQ seeking investment managers to launch a $50 million venture capital fund targeting startups in a Midwestern state.
The plan is set to review its real estate and global equity portfolios.
The plan committed to a fund jointly managed by its outsourced cio.
The plan selected a new general investment consultant in the fourth quarter following a search initiated earlier in the year.
The foundation has issued an RFP seeking an investment provider to offer 457/403b products and services, including custodial, record keeping, investment and customer service.
The foundation is looking to add more private equity, real assets, special situation and impact-focused investments this year.
The plan approved criteria for its short-duration fixed-income manager search and made an opportunistic real estate commitment for pacing purposes last week.
The firm had been on watch for underperformance since the summer.
The new policy will help the plan achieve its 6.5% assumed rate of return over the next 10 years.
The state authority is seeking firms to deploy capital on behalf of four fund opportunities.
