Searches And Hires
The institution will continue pursuing private equity, venture capital, real estate and certain kinds of hedge funds after revising its asset allocation in the last six months.
The fund approved a venture capital commitment with an existing manager this month as part of its pacing plan to commit $140 million per year to the asset class.
The university considered a private equity buyout commitment and increasing its investments with two existing global public equity funds by $30 million at this week’s meeting.
The retirement system interviewed two private credit managers at its March investment committee meeting.
The pension system recently disclosed three new $15 million private equity commitments.
The tribe is seeking an investment advisor to assist with the implementation and ongoing management of its investment program after it recently approved investment policy statements for its long-term investment portfolios and minor’s trust.
The deferred compensation plan made the decision last quarter after reviewing four potential replacement options.
The extended deadline will allow prospective consulting firms additional time to tailor their proposals after the foundation released responses to questions regarding the RFP process on May 8.
The pension will allocate $250 million to $400 million each to multiple mandates.
The retirement system shifted away from non-core fixed-income as part of changes approved at today’s investment committee meeting.