Daily Feed
The hospital system is seeking an investment advisor to assist in formulating objectives and drafting written policies for selecting investment options, while serving as a co-fiduciary for its defined contribution plan.
The college has hired an investment associate to focus on its private equity and venture capital portfolios after adding an associate to focus on the portfolios last year.
The European private debt manager, which focuses on the middle market space, will use the investment to accelerate growth initiatives.
The firm has named a partner as head of North America to be responsible for its largest North American clients’ investment programs and continue refining the investment strategy.
The plan disclosed two private equity commitments to new managers at yesterday’s board meeting.
The plan concluded its investment consultant and private investment consultant searches that began last year, retaining its general consultant and hiring a new private investment consultant.
The retirement system’s general investment consultant will return to next month’s board meeting with an international small-cap equity search.
The fund received three potential asset allocation mixes from its general investment consultant last month and will further review and potentially adopt a new asset mix at its August board meeting.
The alternatives firm has entered into a definitive agreement to acquire an Asia-focused private equity manager with almost $4 billion in assets under management.
The firm hired a managing director for its buyout strategy to identify, evaluate and lead new investment opportunities.