The university has approved extending the contract of its discretionary investment consultant for an additional three years through June 2026.
The health system has issued an RFP for an investment consultant for its defined benefit plan and defined contribution plan after rehiring its incumbent in late 2018.
The plan added $500 million across three new alternatives commitments in the fourth quarter.
The plan is seeking buyout, secondaries and open-end core infrastructure funds.
The search follows the plan rehiring its incumbent for the position in 2017.
The latest commitment will be the plan’s fifth overall investment with the firm.
The authority is conducting the search as it looks to optimize its conversative investment portfolio.
The plan expects to issue a notification of award on Sept. 11.
The plan will consider hiring two international equity managers to handle up to $700 million total this week following a search from last year
The plan hired five multi-asset credit managers today as part of its previously approved return-seeking fixed-income structure.