Daily Feed
The fund wrapped up its search for multi-strategy hedge fund managers with two firms that will supplement and complement its existing hedge fund manager.
The firm has completed its acquisition of a specialist global ESG and impact fixed-income investment manager, adding approximately $1 billion to its total assets under management.
The university increased its targets to private equity and global equity at the expense of hedge funds.
The transaction is expected to close no later than the middle of 2023.
The plan hired a new manager to handle its bank savings fund option as it provides a more stable income source.
The firm appointed its president and ceo as board chair and hired a new executive director for enterprise and operational risk.
The university promoted its associate v.p. to cfo last month after they had been filling the role on an interim basis since July.
The fund has issued an RFP seeking investment managers to serve as a fiduciary for the funds, develop a balanced investment portfolio of growth and income and advise on asset allocation.
The plan hired a new domestic small-cap equity manager at its board meeting this month.
The plan concluded a search for a replacement emerging markets equity manager.
