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The plan hired three firms to replace its incumbent core fixed-income managers.
The plan approved venture capital and real estate commitments and announced the upcoming departure of its cio at its meeting today.
Plan will discuss potentially implementing a dedicated allocation to Pan-Asian assets over the next year.
The fund focuses on performing privately originated credit investments in the Asia Pacific region.
She will be accountable for the strategy, growth and overall success of the firm’s global retirement business.
The new cio will join the plan in September from the Employees Retirement System of Rhode Island.
The university is conducting a further review of 18 diverse firms after meeting with 100 managers across public and private asset classes in the first half of 2022 as it looks to invest at least $2 billion with diverse investment firms.
The system recently added a long/short hedge fund investment with a new manager and two venture capital commitments with an existing manager in its endowment.
The college rehired its investment advisor for its 403(b) and 457 voluntary retirement plans for a period ending June 30, 2023.
Plan approved four fund commitments totaling more than $360 million today.
