Searches And Hires
The university added a new global public equity investment and a private equity commitment with existing managers within its endowment in the fourth quarter.
The investment consultant will provide advisory services to support the management and optimization of the university’s investment portfolio, which includes defined contribution, optional retirement and voluntary savings plans.
Fund is seeking a firm to serve as co-fiduciary and provide full service non-discretionary investment consulting services for its private markets portfolio mandates.
Authority expects to award a contract with a selected firm on Friday for services on behalf of its 457(b), 401(a) and retirement health savings plans.
The retirement system last conducted a similar search in 2018.
The plan expects to add eight additional non-U.S. equity managers over the next two months.
The retirement system added $150 million to an existing relationship this month.
The authority concluded an RFP process that began in August.
The private credit manager is looking to raise $1.25 billion.
The retirement system terminated a domestic small-cap growth equity manager last month for performance reasons.