Searches And Hires
The searches result from a new domestic equity structure.
The plan’s core-plus fixed-income mandate assets have been redistributed to other bond managers.
The pension fund also added several private markets commitments in recent months.
The plan hired its incumbent for a new seven-year term.
The county launched a similar search last year seeking a firm to provide the services for a one-year period.
The university made a commitment with a venture fund-of-funds that invests in seed-stage start-up companies nationally with a focus on firms based in the Greater Cincinnati region.
The firm has entered a strategic partnership with a lower middle market private equity firm after making an anchor investment in the firm’s flagship strategy.
The health system anticipates its new general investment consultant, which was hired in the first quarter, will recommend adding new passive investment managers and potentially private investment strategies to its portfolio next year.
The plan also held finalist interviews with three large-cap value equity managers last month.
The foundation liquidated a core-plus fixed-income mandate and replaced two emerging markets equity managers in the third quarter.