Searches And Hires
The university also made redemptions from domestic and emerging markets equity managers.
The university’s cio left earlier this month after roughly four years in the role.
The university has committed nearly one-third of the capital committed to the pan-Canadian impact investment fund, which expects to hold its final close on or before March 31.
The university retained its incumbent discretionary investment advisor following a search launched in the first quarter.
The university hired a new outsourced cio to handle its endowment late last year following an invitation-only search process.
The plan will fund the hires by terminating three existing firms.
The plan also reviewed proposed alternatives commitments of up to $995 million this week.
The district launched a similar RFQ for services in 2023.
The plan approved more than $1.8 billion in commitments at today’s board meeting.
The retirement system also eliminated its target allocation to multi-asset class solutions last month.