Searches And Hires
The institution hired an outsourced cio to oversee its portfolio following a search from last year for standard due diligence and the restructuring of its former investment consultant.
The plan’s incumbent manager was first hired in 2004.
Candidates will be evaluated on firm organization, investment policy development and manager research and performance evaluation, among other considerations.
The university selected its incumbent investment manager over two other finalists in a search launched in the third quarter.
The plan is seeking one or two separate account managers to establish emerging manager programs for real assets and real estate.
The board will consider hiring a new public markets consultant later this month.
The plan has begun a search seeking passive investment management services.
The plan rehired its incumbent consultant after last conducting a search for the services in 2018.
The firm was also the sole bidder to an RFP issued last summer.
The plan committed $300 million total to two managers this month and was informed of two private equity co-investments.
