Asset Study/Review
The retirement association’s new general investment consultant began its contract last month.
The retirement plan hired two managers to fill its maiden 7% target to other real assets in the second quarter.
The retirement system also placed its international large-cap growth equity manager on watch last month.
The retirement association added a dedicated infrastructure target as part of a newly approved asset allocation last month.
The retirement system agreed to hire a new discretionary private equity consultant while maintaining the incumbent consultant for discretionary private real return services.
The university also added a hedge fund manager and redeemed from an international equity manager within its endowment in the third quarter.
The college approved a new investment policy statement that included a directive to divest direct exposures to weapons manufacturers.
The plan also delegated investment authority to its executive director.
The plan terminated its previous consultant less than one year into its contract.
The fund anticipates increasing its private equity pacing plan in the coming months as recommended by its general investment consultant.
