Searches And Hires
The college is closing its internal investment office and transitioning the management of its endowment to an outsourced cio provider on Sept. 1.
The fund has hired an asset allocation consultant and expects to adopt its asset allocation and investment policy statement during its December board meeting.
The fund will interview three finalists at a board meeting this month after narrowing its international equity manager search from 15 total proposals.
The treasurer’s office selected two program managers, one new firm and its incumbent, to provide program management and administrative services for its college savings plans.
The foundation added several strategies to its marketable alternatives portfolio during the first half of the year.
The retirement system was scheduled to interview three finalists in a domestic small- to mid-cap equity search at last month’s board meeting.
The investment consultant will advise on two retirement plans.
The retirement system closed on a $75 million commitment to a European infrastructure strategy last month.
The retirement system hired its incumbent consultant to a five-year contract following a search conducted in 2019.
Empower Retirement currently provides record keeping, trust and custody services for the deferred compensation plan.