Searches And Hires
The plan made the hires after restructuring its international equity and U.S. fixed-income manager portfolios.
The plan adopted a new asset allocation policy after receiving an asset/liability study in October.
The plan anticipates committing up to $565 million total to the two asset classes this year.
The university will invest an additional $500 million in the REIT on March 1 and the investment will have the same structure, terms and fees as the initial investment.
The college has hired an investment consultant to wrap up its search for a firm for its short duration operating fund portfolio.
The foundation affiliated with the Lutheran church moved to an outsourced cio model from a traditional investment consultant model following a search from last year.
The city’s deferred compensation and defined contribution plans replaced a domestic small-cap value equity manager today and its defined benefit plan will schedule finalist presentations in its large-cap growth search for next month.
The plan hired an index manager to oversee a Russell 1000 Growth Index allocation and named another passive provider to its bench.
The plan voted to issue an RFP for the services due to the upcoming contract expiration of one of its providers.
The advisor will be responsible for $187 million in non-pension assets.
