Searches And Hires
The university hired a new private equity buyout fund and made re-up commitments to private equity growth and natural resources funds within its endowment during the first quarter.
The university approved three financing agreements with startup companies recently launched from the institution’s ecosystem at its October board meeting.
The retirement board hired a new manager to handle its entire portfolio after issuing an RFP last year.
The pension fund terminated two active managers and moved the nearly $45 million in assets to a passive index.
The retirement system also opted against action following an equity structure review last month.
The pension fund committed $24 million across new real estate manager relationships last month.
The two managers were placed on watch last quarter for performance reasons.
The plan hired two of five firms interviewed for the mandate last week.
The plans adopted the new asset allocation following an asset study by their general investment consultant.
The plan last conducted a general investment consultant search in 2013.
