Searches And Hires
The commitment marks the plan’s second with the firm.
The plan conducted a similar search in 2021 that did result in any hires.
The college extended the deadline for proposals in its search for investment advisors to provide discretionary portfolio management services after issuing the RFP earlier this month.
The fund made an undisclosed commitment to an impact fund focused on Black- or Latinx-owned entrepreneurs and businesses in the St. Louis-area.
The foundation is seeking investment management services for its portfolio and the selected firm will be tasked with investing funds and other negotiable assets to produce maximum total return.
The commitments include two new relationships for the council.
The new manager will be partially funded by reducing the portfolio of the plan’s incumbent large-cap core manager.
The plan’s former executive director has retired.
The plan’s incumbent manager is currently on watch for performance reasons.
The search is open to buyout, growth equity and venture capital strategies.
