The plan has begun its search for private equity, private credit and real assets consultants.
The plan’s incumbent consultant will see its contract expire next year.
The plan approved commitments to two core infrastructure funds and one new core real estate manager relationship.
The retirement plan replaced its domestic core-plus fixed-income manager following a bond manager review in May.
The city issued an RFP seeking services for approximately $200 million in assets.
The plan’s general investment consultant will see its contract expire next year.
The plan will move the assets from the underperforming manager to cash for use in making benefit payments.
The incumbent’s five-year contract is nearing its end.
The university added an international equity investment with an existing manager within its portfolio in the fourth quarter.
The foundation has invested in a mission-driven financial institution’s program that will support critical investments in the facilities, financial health and overall growth of historically Black colleges and universities across the country.