Private Equity
The retirement fund is seeking both minority-, women- and disabled-owned commingled fund managers and Africa-focused buyout, growth or special situations managers.
The newly hired firm will provide private credit, private equity, real estate and infrastructure consulting services.
The retirement system also saw two investment staff members depart this week.
The plan terminated a $315 million international small-cap equity mandate due to long-term underperformance.
The retirement fund is seeking private equity managers across buyout/special situations, growth equity and venture capital managers.
The plan also terminated an international small-cap equity manager for performance reasons.
The retirement plan was notified of five commitments totaling roughly $1 billion last week.
The pension plan recently made commitments totaling $945 million and terminated a domestic small-cap growth equity manager.
The pension plan also hired a manager to handle a customized treasury mandate.
The foundation is seeking an investment consultant to advise its investment portfolio as it also explores increasing its private equity and debt allocations.
