Daily Feed
The plan has begun a search for an investment consultant after last conducting a search in 2018.
The duo will support the firm’s expansion into U.S. real estate equity.
The recruitment is to replace an investment director who left in December and two other positions.
The private equity firm promoted two to partner and made various other promotions.
The plan received a search report on potential replacements for its incumbent domestic large-cap growth equity manager this week.
The plan is watching two absolute return managers due to concerns related to turnover and portfolio construction.
The director has left the institution to join an alternatives firm as a managing director focused on investments across non-corporate debt and real assets.
Commonfund will rename its two core businesses effective Feb. 1 to enhance clarity while supporting continued growth.
The diocese hired a new record keeper and service provider for its 401(k) retirement savings plan late last year and transferred the assets to the new provider in mid-December.
Rethinking workplace models without sacrificing culture, addressing investments in technology and customizing product offerings will earn success this year.