The fund is seeking a firm to provide passive equity exposure for a portfolio with minimal tracking error due to the contract expiration of its current provider.
The firm added two new nonprofit organizations as clients in the first half of the year.
The institution has hired two portfolio managers and promoted a senior investment analyst to portfolio manager to help manage its endowment.
The 529 plan added a domestic large-cap growth equity strategy to its watchlist last month because of underperformance compared to its benchmark for the quarter, one-, three- and five-year periods ending March 31.
The college is looking for a firm to assist with the potential refunding of general obligation bonds, assist in management of the financing process and closing the financing, among other responsibilities.
The nonprofit’s next cfo will join on Aug. 15 after serving as the finance head for a nearby foundation for more than four years.
The fund will further discuss a potential oil hedging program at a future meeting after receiving an education on the intricacies of oil hedging from an investment manager at this week’s board meeting.
The university selected a new investment to handle its pension plan last week following the issuance of an RFP in the first quarter for standard due diligence purposes.
The university has extended its deadline for proposals in its search for a retirement consultant to provide fiduciary governance for its retirement plans to early August from late July.
The foundation hired a new v.p. for finance to help oversee its endowment in the second quarter after its finance head left at the end of 2021 to pursue a new opportunity on the East coast.