Searches And Hires
The fund anticipates increasing its private equity pacing plan in the coming months as recommended by its general investment consultant.
The university has added buyout and growth equity commitments as well as active equity and intermediate treasury investments since June.
The foundation is looking to add emerging markets equity and India-focused private equity allocations within its portfolio.
The organization has issued an RFP seeking an investment advisor to invest and manage a portion of its assets over a three-year period with a conservative to moderate risk tolerance.
The fund is searching for an investment manager to handle its endowment, develop and implement an investment strategy as well as recommend and manage asset allocation.
The pension plan also made two private equity commitments totaling up to $80 million in June.
The county awarded a contract for the services in August on behalf of its $7.2 billion portfolio.
The plan’s current alternatives consultant was first hired in 2017.
The foundation retained its incumbent manager after issuing an RFP for the services earlier this year.
The retirement system received proposals from five firms following an RFP issued in January.