San Jose Federated City Employees Retirement System Investment Committee Chair Anurag Chandra joins host Angelo Calvello, Ph.D. to discuss the three-ring fiduciary framework his board built to govern AI adoption, treating AI as “a brilliant analyst who’s never allowed to vote.”
The board will weigh adding a core-plus fixed-income strategy with a new manager within its portfolio as it looks to shift to active from passive management and increase its risk profile.
The university investment arm is searching for the role after its public markets head retired on June 30 following more than seven years at the institution.
The firm recently closed the second fund in its private equity strategy with more than $1 billion in commitments from a Limited Partner base of new and existing institutional investors.
The foundation has issued an RFP seeking potential direct project investments related to affordable housing as it looks to deploy up to $4.4 million for its impact fund.
The university-affiliated foundation recently hired a director of investments to help evaluate and monitor investments from a retirement system on the West Coast.