Equity
The search is being planned to potentially replace an existing manager.
The changes were recommended by the trust’s newly hired general investment consultant.
The retirement plan hired several managers to move toward its new asset allocation policy.
The foundation recently approved an equity investment with a diverse manager within its endowment and mission-aligned investment pool after tracking the firm for years through its investment consultant.
The university approved a new investment policy statement with revised long-term strategic asset allocation targets for its strategic and reserve pool last year.
The deferred compensation plan replaced its emerging markets large-cap core equity manager, which had been on watch since January 2022.
The university added two managers from its endowment to its watchlist in the second half of 2024 due to staff changes.
The university considered a private equity buyout commitment and increasing its investments with two existing global public equity funds by $30 million at this week’s meeting.
The plan is conducting the search in anticipation of the expiring contracts of its three large-cap growth managers.
The deferred compensation plan is searching for an active manager to handle its ESG investment option.