Searches And Hires
The pension plan also adopted a new asset allocation policy for its $141.8 billion Core Trust Fund last month.
The plan moved more than $70 million into passive strategies at its February meeting.
The retirement system made six commitments totaling $265 million this week.
The retirement system hired a new international large-cap core equity manager for diversification purposes last month.
The plan also made a co-investment commitment last month.
The plan also hired two credit managers in the fourth quarter.
The university will consider a recommendation to select an investment advisor for its endowed and non-endowed portfolios alongside potential asset allocation changes within the endowment at its March meeting.
The foundation has issued an RFP seeking firms to provide oversight and guidance for portfolio, including recommending alternative investments.
The plan also disclosed $250 million in commitments at today’s meeting.
The county deferred compensation plan consolidated its providers to one firm from three.