Searches And Hires
The university extended the deadline for proposals in its search for firms to provide investment advisory and management services for its three-tiered operating funds portfolio after launching the search at the beginning of the month.
The university approved a private equity commitment to a new manager within its endowment fund alongside changes to its investment policy.
The university has issued an RFP seeking an investment consultant to assist in determining investment options for its operating funds.
The plan rehired its incumbent consultant after a fee reduction.
Plan staff will interview five firms in its search for non-discretionary private markets consultants before returning with finalists.
The plan’s hedge fund committee considered a $175 million commitment last week.
The plan committed to a new private equity manager relationship and trimmed its real estate portfolio.
The plan concluded its core real estate replacement search at a meeting last week.
The termination follows a completed asset/liability study.
The plan committed to three funds run by new manager relationships.