The trust previously rehired its provider in 2019 after a similar RFP process.
The retirement system will launch the search soon for pacing purposes.
The retirement plan interviewed the firm in closed session at today’s board meeting.
The university has built a substantial allocation to cash in recent years as it looks to potentially solve a liquidity issue for another institutional investor’s portfolio.
The deferred compensation plan replaced its emerging markets large-cap core equity manager, which had been on watch since January 2022.
The township expects to award a contract by July 1.
The foundation is looking to add new commitments to private equity and build out the program alongside its outsourced cio over time.
The retirement system made a change due to the incumbent’s portfolio turnover and subsequent strategy deviation.
Two HBCUs have committed to an early-stage venture capital strategy targeting the fintech, healthcare, education and workforce development sectors.
The college is one of several institutional investors to commit to the latest venture capital fund from a Berlin-based manager.