Searches And Hires
The pension plan has made four equity investments totaling $850 million.
The plan’s current domestic large-cap growth equity manager will see a portfolio manager change.
The plan’s board voted to commit additional funds to an existing manager and also hire a new manager for the increased allocation.
The plan hired a new core fixed-income manager last quarter.
The plan has issued an RFP seeking multi-asset credit managers.
The plan expects to issue a general investment consultant RFP on April 15.
The retirement trust opted to hire two core real estate managers and redeem from two other real estate funds at its February meeting.
The university considered adding a fossil fuel-free emerging markets equity strategy within an investment pool and two global equity strategies to its pension fund during its investment committee meeting earlier this month.
The RFP is due to the upcoming contract expiration of its current provider.
The plan’s commitments from earlier this month include a new relationship.