Searches And Hires
The plan is looking to replace its current manager that has “struggled continuously.”
The retirement system made private equity commitments totaling $19 million in January.
The plan also received a private markets pacing plan in January.
The retirement fund will fully redeem its active domestic mid-cap value equity mandate due to underperformance.
The pension plan will be looking to fill a new 4% target to the sub-asset class.
The institution is looking for a program and associated vendor to deliver technical training, peer-based learning and enhanced networking for its portfolio designed support early-stage startups in emerging markets.
The foundation first hired the investment consulting firm in 2015.
The university swapped domestic equity managers within its endowment and liquidity pool while also adding real assets and diversifying strategy investments at a recent investment committee meeting.
The fund is seeking a firm to provide services for its long-term investment pool to compare the offerings of other firms as it has utilized the same advisor for the last two decades.
The university is looking to add private equity commitments to its portfolio on the heels of maiden commitments to the asset class in the fourth quarter.