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The plan is looking to hire three managers to handle a total of more than $1.6 billion.
The commitments to three firms represent new relationships.
The interviews follow searches conducted after approval of a new asset allocation mix this year.
The investment advisor will serve for a three-year term.
Geeta Kapadia is Fordham University’s second cio, tasked with overseeing and managing its approximately $1 billion endowment and building out its investment office. She took the time to answer 5 Questions, plus a few extra, with FIN News.
The state investment management board is searching for a long-only separate account manager for the asset class.
The plan began a search for investment advisor services for its $34 million fund in June.
Direct lending would represent a new strategy for the plan.
The plan began a search last November that was canceled earlier this year.
The pension fund’s 3% portfolio to the asset class is currently held in an index fund.