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The retirement system is working with its general investment consultant to conduct a search for strategies.
The plans hired a new investment consultant yesterday after issuing an RFP in January.
The managing principal has led the firm’s sustainability efforts since 2022.
Nearly $2.2 billion in assets are up for bid across the searches.
The retirement system created a 3% target to the asset class in February.
Endowments and foundations are increasingly turning to outsourced cios with the growth largely driven by smaller institutions, according to new research.
The institution approved financing agreements with four companies through its fund responsible for commercializing university research discoveries and innovations.
Phuong Ninh has joined Lateral Investment Management as a principal.
A large majority of target date fund platforms are not considering adding private equity, private credit or real estate into their products, Callan’s 2025 defined contribution trend survey showed.
The plan made its first private equity commitment since 2018 at a special meeting this month.