Emerging/Diverse Managers
The plan recently approved allocations to two firms in its public global equity emerging managers search.
Jim Casselberry reflects on the first year since he took over as chief investment officer of the roughly $1 billion Health Forward Foundation.
The plan also approved $320 million in alternatives investments at this week’s meetings.
A survey found fewer community foundations are hiring or considering hiring diverse-owned managers, among other findings.
The retirement system is conducting the search for pacing purposes.
Two foundations are working toward making their portfolios more diverse through the networks of diverse talent percolating in the asset management industry as well as data showing diverse investment talent outperforms.
The state pension is canvassing the universe for buyout and growth managers raising less than $1 billion in a Fund I, II or III for in-person interviews to be held at the end of July.
The state pension fund is considering a private markets emerging manager program and will issue an RFI as it looks to gather further insight into the process.
The fund concluded a recent RFP with three private equity commitments totaling $50 million.
The trustees failed to decide on commitments in a non-core real estate search after opposing motions that followed finalist interviews.
