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The university has issued an RFP seeking an investment consultant to assist in determining investment options for its operating funds.
The plan rehired its incumbent consultant after a fee reduction.
Chair of a Midwest public pension fund joins the firm as its first senior relationship manager.
Plan staff will interview five firms in its search for non-discretionary private markets consultants before returning with finalists.
The plan conducted a similar search in 2020 and hired NEPC.
The plan’s hedge fund committee considered a $175 million commitment last week.
The plan committed to a new private equity manager relationship and trimmed its real estate portfolio.
The plan concluded its core real estate replacement search at a meeting last week.
Peterfeso serves as managing director of investments at the Bush Foundation and oversees its approximately $1.5 billion endowment, leading asset allocation, manager due diligence and selection and rebalancing.
The termination follows a completed asset/liability study.