Searches And Hires
The fund ultimately decided to retain its investment consultants and their contract terms following review at its board meeting this month.
The pension plan will also consider candidates in its executive director search next month.
The town is seeking an inaugural investment manager to manage its non-pension assets.
The retirement system made a $25 million private equity commitment last month.
The plan also terminated a fixed-income manager last month.
The university added three private real asset commitments to its approximately $2.3 billion endowment in December and January, including one with a new manager.
The institution is searching for investment advisors to provide discretionary investment management and advisory services for its endowment as its finance and investment committee evaluates a potential small allocation to alternative investments.
The institution rehired its incumbent provider over two other finalists to continue delivering banking and investment services for its portfolio after launching a search last year.
Two prominent foundations are among the group of endowments, foundations, pensions, corporations and family offices to commit to a firm’s recently closed second venture fund.
The plan approved a search to fill a $390 million allocation last week.