Proposed structure would shift the allocation closer to its MSCI All Country World Index ex USA benchmark and increase active management to 70% from approximately 40%.
The private equity firm has hired an associate responsible for financial analysis, due diligence, sourcing and executing new investments as well as monitoring portfolio investments.
The hospital is seeking an investment manager to carry out the investment due diligence process and identify, screen and maintain active working relationships with prospective investment managers.
The program will issue an RFP for the services early in the first quarter due to the impending contract expiration of its incumbent consultant, which will be allowed to rebid.
The state treasurer’s office is seeking a record keeper that can provide administration, record keeping and customer services for the program, which was effectively created through legislation in 2021.