Searches And Hires
The college has issued an RFP seeking investment advisors to provide discretionary portfolio management services for its operating and capital funds.
The plan made private markets commitments totaling $44.6 million and approved a 2023 pacing plan last month.
The plan rehired its incumbent for the services at a board meeting last week.
The search will be launched in the coming weeks as one of the plan’s 2023 initiatives.
The plan hired a replacement for its incumbent domestic large-cap growth equity manager last month.
Plan will review a maiden allocation later this month after hearing an education on the asset class last week.
The plan made commitments to existing relationships, added a new credit manager and approved the hire of a new public markets consultant at its Feb. 16 meeting.
The city last issued an RFP for the services in 2016.
The plan hired an international growth equity manager and committed to two existing private equity managers last month.
The plan is looking for an index focused on factors such as value, momentum, quality and low volatility to serve as a reference benchmark for an internally-managed portfolio.
