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The university is conducting a further review of 18 diverse firms after meeting with 100 managers across public and private asset classes in the first half of 2022 as it looks to invest at least $2 billion with diverse investment firms.
The system recently added a long/short hedge fund investment with a new manager and two venture capital commitments with an existing manager in its endowment.
The college rehired its investment advisor for its 403(b) and 457 voluntary retirement plans for a period ending June 30, 2023.
Plan approved four fund commitments totaling more than $360 million today.
The city has issued an RFP seeking investment advisory services for its 457 and 401(a) plans.
The current director is retiring after more than 10 years in the position.
Plan approved a new asset allocation policy that addresses the current marketplace.
Plans’ incumbent socially responsible manager Boston Trust Walden is invited to rebid.
Plan is searching to replace its cfo, who will retire next month.
He will focus on identifying, evaluating and executing investment opportunities.