Searches And Hires
The plan’s investment consultant will present potential alternative domestic mid-cap equity managers in May.
The fund is seeking a mission-aligned investment advisor to design and manage its first values-driven investment account.
The plan will continue to manage its investments in-house.
The plan’s current domestic equity portfolio includes small- to mid-cap growth and small-cap value mandates.
The retirement system terminated its sole public diversified real assets manager last month.
The retirement system is seeking a firm to handle between $10 million and $15 million.
The retirement system fully redeemed its investment in the manager due to underperformance.
The retirement system hired a firm this week after interviewing three finalists.
The university added private equity, real estate, opportunistic credit and private energy strategies with new and existing managers within its endowment in fiscal year 2025.
The institution replaced its emerging markets equity manager last year due to a decline in assets and personnel turnover after considering six other firms.
