Searches And Hires
The RFP will be issued on the plan’s website “shortly.”
The pension plan updated its asset allocation policy for fiscal year 2025 and beyond after receiving an asset allocation review this week.
The foundation is looking to allocate to impact or mission-aligned investments across fixed-income and equity markets as it begins to explore similar investments in the private markets.
The hospital district is searching for individuals or firms to provide investment management services for its portfolio, including actively trading the fund.
The university approved a recommendation from its general investment consultant to add global equity managers in alignment with its fossil fuel divestment policy.
The university hired a private equity firm as its discretionary advisor last year, outsourcing the management of its endowment.
The fund will consider hedge fund and infrastructure commitments to help reach its target asset allocation at its May 31 board meeting.
The foundation is considering hiring an investment manager or outsourced cio to help align its investment portfolio with its mission of expanding local access to music education.
The changes stem from a new global equity manager structure.
The incumbent international large-cap value equity manager had been on watch due to underperformance, asset outflows and organizational changes.