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The fund is seeking information on creating a statewide community development financial institution to promote and integrate business development and access to capital opportunities for limited-income and underserved small businesses and communities in the state.
The university has issued an RFP seeking an investment consultant for its treasury pool as well as non-pooled assets that include an insurance reserve and healthcare trust.
New research finds fixed-income hedge funds are growing in popularity among global institutions that seek higher yields without liquidity.
The pension plan made three commitments totaling $187.5 million last week.
The retirement fund terminated three managers at last month’s investment committee meeting.
The retirement system is cutting ties before its current manager shuts down its alternative equity team.
The transaction is slated to close in the third quarter.
The plan has now hired a total of 12 new international equity managers this year.
The retirement system terminated its incumbent international small-cap core equity manager this month due to personnel turnover.
The new role will continue Variant’s expansion into the institutional market.