Searches And Hires
The authority had been working with its incumbent investment manager since 2004.
The hire concludes an RFP process that began in November.
The foundation added fixed-income strategies with a new investment manager within its portfolio in the first quarter.
A college savings plan based in a Southern state has added two utilities strategies as underlying funds within some of its investment options.
The board recently made private equity commitments totaling $60 million.
The fund had previously received a recommendation from its investment consultant to seek a domestic small-cap value manager.
The selected manager will handle more than 80% of total assets.
The retirement plan concluded its U.S. small-cap value equity manager search after interviewing two finalists.
The retirement system will also consider several changes to its public equity and real estate portfolios this week.
The search is for an open-ended farmland manager to handle up to $22 million.