Bank Loan
A university based in New England has added two commitments to its portfolios.
The plan nears conclusion in its emerging markets equity search and finalizes its bank loan hunt.
The plan hired a fixed-income manager to replace two underperforming incumbents.
The plan has issued a leveraged loan program RFP.
The plan is searching for two managers as part of regulatory requirements.
Plan added a floating rate public debt target as part of asset allocation changes approved at this month’s board meeting.
Plan will review a domestic small-cap value manager at an upcoming meeting while its consultant takes an extra look at a bank loan manager.
Nonprofit investors are expecting positive but muted returns from the equity and bond markets in 2021 after their portfolios generated solid performance in a year that upended global financial markets and saw unprecedented volatility.
Plan will seek private credit portfolio manager and syndicated bank loan managers in the first quarter.
A Texas fire pension fund made a hire in its bank loan manager search at today’s board meeting.
