Daily Feed
The university unanimously approved making public equity investments with new domestic and international equity managers within its endowment at its June board meeting.
The pension plan’s administrator has accepted a new role with the state’s attorney general.
The fund received commitments from a diverse base of new and longtime investors.
The plan is seeking a firm to advise on future private credit investments proceed to make investments.
The plan will also receive presentations for potential real estate and private credit commitments at its next meeting.
The plan is looking to review other options after working with its incumbent for many years.
The plan recently voted to increase its target allocation to diversifying strategies.
The pension plan recently committed up to $75 million to an existing hedge fund manager relationship and tweaked its private equity sub-asset class targets.
The plan retained its incumbent domestic small-cap core equity manager after conducting a search that yielded 52 responses.
A total of four consulting contracts will be up for bid.