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.
The search is a result of a new asset allocation.
The retirement system could not come to an agreement with its previously hired manager.
The pension plan agreed to consider replacing its domestic large-cap core equity manager due to underperformance and a recent personnel change.
The plan approved an asset allocation in March that introduced new targets to international small-cap equity and infrastructure.
The plan’s current manager was first hired in 2017.
The transit system is seeking the services on behalf of its 457(b) and 401(a) plans.
The search is open to both equity and debt strategies.