Top endowments showed strong returns in 2020 because of bias toward technology in both public and private markets and other factors.
A plan in the Great Lakes region selected a new international value equity manager to replace a firm terminated last year.
Plan terminated the investment in the third quarter and moved the assets to a long/short equity strategy.
A Rocky Mountain pension plan approved a venture capital fund-of-funds commitment for pacing purposes at its board meeting yesterday.
Private equity firm makes deal to build ESG proficiency
Plan added a $5.25 million commitment to a venture capital fund-of-funds earlier this month.
The plan made two commitments totaling $25 million with existing managers.
A university in New England approved adding new global equity and hedge fund managers to its endowment at its investment subcommittee meeting last month.
A fund in the Midwest approved two credit commitments at its December board meeting in a shake-up of its fixed-income portfolio.
A Midwestern employees’ pension plan has launched a search for absolute return investment strategies.