Searches And Hires
The secure choice savings program was created in 2021.
The plan established a 2% allocation to the asset class earlier this year.
Plan added a $50 million commitment to an existing manager relationship.
The plan hired a new manager for domestic large-cap growth equities during a meeting today.
Plan is conducting an RFP for investment and plan design consultant services.
Plan added $315 million in alternatives commitments with existing manager relationships last week.
The plan expects to commit $225 million total to real estate this year.
The fund approved closing its investment in an emerging markets index strategy and transferring the proceeds into a passive vehicle with two sleeves with an existing manager.
The university approved buyout and growth equity commitments with private equity managers that represent new relationships for the institution.
The healthcare system selected a new consultant to oversee its operating and pension funds following a search from last year and the firm will conduct an asset allocation study in its first year of engagement.