Searches And Hires
The search is required by state statute and the incumbent mid-cap core manager is Davenport Asset Management.
The plan launched a search last year to replace its underperforming incumbent.
The city last conducted a similar search in 2019.
The plan’s internal investment team is also expected to join the firm this year.
The community foundation has hired a discretionary advisor to manage its portfolio following an RFP process.
The university will consider adding global equity strategies with two firms within its portfolio to eliminate fossil fuel exposures within the portfolio’s equity allocations.
The plan is searching for a consultant to identify and advise on best practices and trends in the prepaid college plan and ABLE landscape in order to help in setting the direction for its programs.
The college has issued an RFP seeking a firm to provide investment advisory services for its retirement plan, including a review of its investment fund options.
The system is considering a private equity buyout commitment with a new manager within its endowment.
The university disclosed follow-on credit, infrastructure and real estate commitments made between October and April within its long-term portfolio.