Searches And Hires
Three finalists were interviewed at a board meeting this week.
The fund’s general investment consultant recommended the search for a core manager to complement its existing international equity managers.
The nonprofit is looking to partner with a consultant to conduct a feasibility study for a possible blended capital impact investment fund.
The university is consolidating to one record keeper for its retirement plans to simplify plan administration and reduce participant costs.
The fund has issued its RFP seeking real assets/private infrastructure equity funds for an approximately $100 million mandate.
The foundation added public equity and real assets managers to its approximately $1.1 billion investment portfolio over the course of the last fiscal year.
The plan will commit $100 million total to three private credit funds next year.
The plan received three proposals in response to an RFP issued in April.
The plan is seeking distressed debt, junior/mezzanine, asset backed and/or direct lending private debt strategies.
The search follows the plan’s decision to introduce a 5% dedicated private credit target allocation yesterday.