The investment manager will serve as a generalist and source, underwrite, close and monitor investments across asset classes.
The trust fund added core-plus real estate fund this month as it looks to increase its exposure to manufactured housing and residential real estate.
The fund has partnered with two managers to launch a duo of funds that bar investments in fossil fuel companies or conflict-affected areas.
The association for municipal pensions has hired its first-ever cio to lead the investment strategy and portfolio management for its public employee retirement program.
The revisions see the foundation pivoting its investment portfolio further toward growth-oriented investments, including public and private equity.
The foundation has launched a search for an outsourced cio to oversee its portfolio and revise its investment policy statement.
The outsourced cio provider has added two managing directors from another discretionary advisor.
The firm closed its latest fund focused on energy and climate-related companies adapting artificial intelligence technologies with $160 million, including commitments from two returning nonprofit investors.
The foundation conducted a similar search in 2020 that resulted in rehiring its incumbent provider.
The system’s current risk head is set to step down from the role.