Searches And Hires
Plan is seeking one to three global ex-U.S. equity managers and agreed to restructure its opportunistic and alternative fixed-income portfolios this month.
Plan has to reissued an RFP for private markets consulting and back-office services in anticipation of a September contract expiration with its incumbent.
The plan approved a 3% allocation to Acadian Asset Management at its board meeting on Friday.
Plan will issue the RFP next month on its general investment consultant’s website.
Plan is seeking private debt managers to each handle an up to $100 million mandate and approved new asset allocation policies last week.
The new firm replaces Thompson, Siegel & Walmsley, which had been monitored for performance reasons since 2019.
Plan may conduct a non-core real assets manager search in the third quarter and recently simplified its domestic equity portfolio.
The state passed legislation that requires Russian divestments.
The university has issued an RFP seeking a firm to provide treasury management services, including cash management services.
