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The university approved a private equity commitment to a new manager within its endowment fund alongside changes to its investment policy.
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.
