The education system will consider revisions to the target asset allocation for its portfolio as part of changes to its investment policy statement at a special meeting today.
The institution will come back with a recommendation on how to redeploy the assets from recently terminated public equity and hedge fund managers at a future meeting.
The healthcare system is currently conducting asset allocation studies for its operating fund and pension plan after receiving an education from its investment consultant on new asset classes including, private equity, private debt and real estate at a November workshop.
The firm has relocated its Atlanta office to the Buckhead Village district from the North Buckhead neighborhood.
The plan selected a new program manager as its board meeting this week following a search from late 2022 due to the incumbent provider’s contract expiration.
The university concluded its search for a cio from last year by filling the position internally, naming its director of investments and interim cio as its investment head.
The question of how equitable the engagement of higher education institutions with private equity firms and other investment management groups is a difficult one to answer. The reason for this is that there is an incredible lack of transparency in identifying what money managers many higher education institutions are using to steward their endowments.
The college has announced its deputy cio will succeed its first full-time investment head on July 1, when the cio will assume the title of senior advisor to the investment committee before retiring at the end of 2023.
The investment office’s O’Neil, Stock and Gaonkar took the time to answer 5 Questions with FIN News.
The fund has reissued its RFP seeking a non-discretionary investment consultant to oversee its trust fund after canceling the search process in the fourth quarter for undisclosed reasons.