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The university disclosed follow-on commitments with two private equity managers made in the third quarter within its long-term portfolio.
The town has issued an RFP for investment management services for an educational fund.
The foundation is searching for an investment analyst to help with research, reporting and due diligence of external managers.
The plan recently committed $348.5 million total to two existing managers and terminated a high-yield fixed-income manager.
The firm will now manage approximately $40 million in the plan’s main portfolio.
The plan hired a firm to assist the board with oversight of investment management functions.
The plan, which has worked with its incumbent since 2002, elected to hire a new consultant yesterday.
They will lead the firm’s fixed-income team alongside the team’s existing CIO.
His co-managers will continue to oversee his strategies.
The two businesses will consolidate into Goldman Sachs Asset & Wealth Management effective Dec. 1.