Searches And Hires
The plan is looking to invest $10 million each with private equity and opportunistic fixed-income managers.
The state is seeking a firm to help create a special purpose vehicle for in-state investments.
The commitments include a new manager relationship and a follow-on.
The authority last issued an RFP for investment management services in 2019.
The plan is searching for index managers to handle $10.5 billion.
The foundation has launched the search for investment management services as a result of a five-year fiduciary review and the incumbent provider is allowed to rebid.
The plan made four follow-on commitments totaling $625 million.
The foundation has selected a new investment manager to succeed its incumbent, who had been providing the services since 2004, after issuing an RFP last year.
The university is searching for an outsourced cio provider for its endowment and operating fund portfolios as it is in the process of finalizing a new investment policy statement.