Searches And Hires
The pension plan approved three commitments totaling $175 million and a private credit pacing plan this week.
The pension plan selected nine real assets equity managers for possible inclusion within its investment lineup today.
The pension plan committed up to $30 million to an existing manager relationship.
The fund is currently searching for opportunistic credit managers for its portfolio after consolidating its public credit portfolio into a passive U.S. aggregate bond index in the first quarter.
The fund approved a recommendation from its general investment consultant to add a new bank loan manager across three of its portfolios this month.
The office has issued an RFP seeking investment management services for two separate externally managed fixed-income pools totaling nearly $600 million.
The university will consider public equity investments with domestic and international equity managers within its endowment at this month’s board meeting.
The university has hired an investment advisory firm and added a managing director to its internal staff to help manage its endowment.
The search is being conducted as part of a previously approved investment consultant strategy.
The pension plan approved a private debt manager search and new 2025 fiscal year asset allocation policy for its four systems last week.