Searches And Hires
The search is for senior direct lending managers.
The pension plan will consider hiring one firm to provide hedge fund, credit and real assets consulting services next week.
The plan began a search in April that excluded its two incumbent managers.
The commitments were made under the plan’s delegated authority.
The deferred compensation plan’s active global large-cap growth equity manager had been on watch since the third quarter due to underperformance.
The commitments were made in closed session at this week’s board meeting.
The fund has entered a strategic partnership with a global quantitative equity manager, which will see them collaborate to develop cutting-edge investment products and foster innovation to better understand evolving investor needs.
The university has extended the deadline for proposals in its search for an outsourced cio to oversee its endowment and operating portfolios by 10 days.
The foundation has expanded its commitment to impact invests that advance health equity in communities that have faced a historic lack of investment with a new allocation that more than doubles the foundation’s previous commitments.
The state agency has initiated a search for an investment consultant due to the upcoming contract expirations of its incumbent providers, which are allowed to rebid.