Daily Feed
The plan made commitments to new manager relationships and terminated a firm due to performance and outflows.
The plan transferred the assets to an existing Standard & Poor’s 500 Index mandate last week.
The search is for value-add managers to handle up to $7 million.
Plan’s investment and operations committee will recommend one finalist to the full board later this month.
New research shows that institutional investors should not pause or stop their private markets commitments in difficult markets, but instead continue to invest to take advantage of mispricing.
The health system hired a new cfo in the first quarter to lead all financial operations and corporate finance strategies.
The university is looking to hire a director of investment strategy to oversee its venture program and an investment analyst.
The organization is searching for a director of investments and investment analyst to help oversee its endowment as it looks to establish an investment office and move away from its current investment consultant model.
The university will consider gradually eliminating its fossil fuel exposures as well as pivot its target allocation toward illiquid strategies within its endowment this week.
The university hired a new v.p. for finance and administration and treasurer in the first quarter following a search after its previous finance head left in late 2021.