Searches And Hires
The foundation hired a new firm over its incumbent advisor to provide investment advisory and management services for its endowment and fiduciary fund following a search.
The deferred compensation plan received seven proposals in response to an RFP issued in April.
The plan also made two private credit commitments in September.
The deferred compensation plan had issued an RFP for the services this summer.
The board replaced its sole real estate manager last month due to organizational concerns and a decline in assets.
The district received two proposals in response to an RFP issued in April.
The selected firm will administer a more than $800 million plan.
The retirement system will conduct searches for domestic and global fixed-income and domestic and emerging markets equity managers.
The retirement plan approved two private equity commitments totaling $13.25 million in the third quarter.
The commitment to an existing investment manager was made as the fund is underweight its strategic target to the asset class.