The fund expects to hear a recommendation to fully redeem a short-duration fixed-income investment in its operating pool and redeploy the assets among existing managers within its long-term pool.
The town made an award in its search for an investment manager to oversee an educational fund after issuing an RFP in the fourth quarter due to the impending contract expiration of the incumbent provider.
The university hired an investment analyst this quarter to evaluate and monitor existing and potential managers, asset allocation and investment performance.
The foundation is seeking an investment manager to help source and evaluate strategies across global equities, fixed-income, credit and absolute return in a search that follows the foundation eyeing an investment manager for private markets from the first quarter.
The fund approved restructuring its real estate portfolio in favor of a core-satellite portfolio with a core mandate and two to three satellite managers and also added two 130/30 managers to create a market cap and style neutral portfolio structure.