Extensive and timely coverage of the institutional industry.
The searches follow a review of the overall asset class this week’s meetings.
The plan swapped out an underperforming international equity manager at a meeting this week.
He will help evaluate, analyze and monitor investments made by the firm.
The plan approved a search last year to complement its existing international equity managers.
The search comes after the plan voted to increase active management in its global equity portfolio.
The hire concludes a search launched in May for best practices.
The investment consulting firm’s president is leaving the firm at the end of the month for a global leadership role at a financial services firm.
The university is slated to approve a new investment policy statement for its long-term portfolio that incorporates additional risk management and diversification guidelines.
The university is looking to add an investment manager to primarily assist with sourcing, researching and recommending equity-oriented investments.
The plan is seeking strategies to replace a core-plus mandate with Western Asset Management.