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The plan is conducting the search for diversification purposes.
The plan made commitments to one new manager and existing managers.
A Texan city is searching for a firm to provide non-discretionary management for its portfolio.
The city is seeking an investment advisor for its two deferred compensation plans.
His fund management duties will be assumed by other portfolio managers.
Their team will pursue growth investment opportunities in tech-enabled, software and healthcare services companies.
He supports all aspects of the decision-making process of the private credit team, including sourcing, structuring, performing due diligence and negotiating investment opportunities.
The plan interviewed three finalists in the search at a special meeting yesterday.
An imposing figure standing over six feet tall with an authoritative voice, David Swensen had a penchant for forging his own trail, whether it be on his Killingworth, Conn. property or within his philosophy and approach to investing Yale University’s endowment. Swensen, 67, died last week after an almost decade long battle with cancer.
A university in the South has promoted its managing director as its new permanent cio after its cio retired in the fall.
