Searches And Hires
The commitments include two new manager relationships.
The commitment was made in accordance with its pacing plan for the asset class.
The retirement system is seeking firms to handle a total allocation up to $1.2 billion.
The change follows an RFP process that began in April.
The plan is looking to consolidate its consulting services into two contracts.
The foundation rehired its incumbent investment advisor over three other finalists after reviewing 21 proposals to an RFP issued last year for standard due diligence purposes.
The fund has issued an RFP seeking an advisor to develop a diversified investment portfolio and perform due diligence on all investment managers on a regular basis.
The college has renewed the contract of its incumbent investment consultant, which has worked with the institution since 2017, for a one-year period.
The institution has hired a new investment consultant to wrap up its search for a firm to oversee its portfolio from last year.
The college savings plan wrapped up its search for a general investment consultant to advise on its portfolio after issuing an RFP earlier this year due to the impending contract expiration of its incumbent provider.
