Daily Feed
University will target multifamily housing and industrial supply chain properties after it increased its allocations to real estate, infrastructure and private equity assets within its retirement plan last week.
New England College revised the asset allocation for its endowment last year, increasing its allocation and long-term ranges to private equity and venture capital.
System approved two real estate commitments within its endowment at its board meeting last month.
A university in the South is searching for its first cio to manage its investment office and oversee three separate portfolios due to the increasing size and complexity of its endowment and the retirement of its director of investments in January.
The plan approved credit and private equity commitments during today’s meeting as part of pacing plans for the respective asset classes.
The city is seeking a retirement plan consultant for its 401(a) and 457 plans.
The hired firm will provide liquidity to meet the plan’s near-term benefit payments.
The plan approved a new 3% target to infrastructure following an education from its general investment consultant.
Search is for a cio to solely serve the city’s police and fire retirement system.
He will support the due diligence process and drive the growth of portfolio companies.