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The pacing plan and target allocation changes were recommended as part of an annual real estate program review.
The plan also made a $50 million long/short equity investment last month.
The average 2023 fiscal year return of colleges and universities’ endowments exceeded fiscal year 2022 returns as the smaller endowments’ public market exposures helped them outperform their larger peers.
The firm has named two new leaders for its Dallas and Virginia offices to strengthen its brand in the region and support client and colleague success.
The retirement plan awarded a contract in its retirement plan and investment advisor services search last year.
The investment analyst had been with the pension plan for three years.
The city interviewed five firms this week after issuing an RFP last year.
The hire concludes a search that was launched in August.
The trust’s existing consultant contract expires this year.
The university has elected its next chancellor to head its board of fellows and board of trustees and serve as a fiduciary of the university.