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The plan is looking to make a maiden private debt commitment of up to $50 million.
The firm appointed Molly Giffen to the role as she rejoins the firm.
The plan authorized a search to replace a terminated domestic large-cap growth equity manager and will issue a private equity consultant RFQ soon.
The plan completed a domestic small- to mid-cap value equity manager search launched in the fourth quarter.
Institutions are gravitating toward private markets following rising inflation and a volatile stock market in 2022 and the nonprofit segment anticipates increasing their usage of hedge funds, according to a new report.
The university is helping devise an ESG-related investment policy for its affiliated foundation, as the institution weighs a pivot toward illiquid strategies within its endowment in June.
The university is considering adding a U.S. Treasury bond strategy to two of its portfolios after creating a maiden 5% target to Treasuries in both portfolios last quarter.
The college is searching for an investment consultant to manage its 403(b) and 457(b) retirement plans and select and replace underlying funds on a discretionary basis.
The fund decided not to take any watchlist action on one of its fixed-income managers despite the announced retirements of three senior members at the firm.
The fund removed a multi-asset class manager from watch as concerns surrounding organizational changes have subsided, while two firms saw their own watch status extended through February 2024.