Daily Feed
The plan hired from within for its new retirement administrator.
The college is searching for a firm to provide investment and policy advice for the management of its portfolio.
The foundation added a private infrastructure fund and a hedge fund strategy to its portfolio in the second quarter, marking new relationships for the institution.
The college agreed to prioritize selling all directly owned oil and natural gas wells and two legacy investment partnerships in fossil fuels.
The trust’s current outsourced cio was first hired in 2019.
The plan received a total of four proposals in its general investment consultant search.
The plan closed on private equity and private credit commitments totaling up to $85 million in early November.
The plan added $100 million across three new commitments this month.
The plan made a $20 million re-up commitment to an existing manager relationship this week.
The plan approved a new asset allocation for its Core Trust Fund last week.