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The transaction is expected to close in the third quarter, subject to customary closing conditions.
The purchased entity will operate under the buyer’s brand after the close, which is scheduled to occur by the end of June.
Letter was sent to colleges and universities including Harvard University, Yale University and Duke University, arguing that diversification in investment must not come at the expense of abetting human rights violations.
The plan will hear presentations on three private debt managers next month.
Plan received only one response to an RFP issued last month.
Plan is seeking an investment consultant to review its investment lineup and help conduct a bundled provider RFP in the next two years.
She will oversee analytics as well as the newly created teams of portfolio implementation and data structure and delivery.
She will assume day-to-day management until a permanent successor is appointed.
Plan disclosed three May commitments totaling $140 million.
