Searches And Hires
The college based in a Southern state is is looking for a firm to provide non-discretionary portfolio management services for the investment portfolio.
The university approved recommendations to commit to climate solutions and venture capital strategies within its endowment at its March board meeting.
The college is searching for an investment manager to handle its other post-employment benefits fund.
The fund approved consolidating its public credit portfolio into a passive U.S. aggregate bond index to improve operational efficiency, reduce fees and reduce active risk at its March board meeting.
The foundation has rehired its incumbent outsourced cio following an invitation-only RFI process to determine whether it should be put services out for bid.
The plan terminated an international equity manager that saw a personnel departure last year.
The search is required per state regulatory requirements.
The plan also recently replaced its domestic mid-cap growth equity manager and is nearing a small-cap value manager hire.
The redemptions stem from qualitative issues within the firm’s investment team.
The retirement system has hired four global multi-sector fixed-income and three passive equity managers in recent months.