Searches And Hires
The foundation is eyeing more impact or mission-aligned investments related to natural resources and affordable housing within its investment portfolio as it looks to achieve 100% mission alignment.
The university is seeking an investment consulting firm to oversee its retirement and deferred compensation plans as its incumbent provider’s contract is expiring in the forth quarter.
The board approved investing more than $600 million with a core-plus fixed-income strategy with a new manager within its portfolio.
The plan rehired its current consultant after a similar RFP process in 2019.
The pension plan also made a private equity commitment for pacing purposes last month.
The pension plan terminated two domestic equity managers in the second quarter.
The plan’s investment consultant recommended hiring specialized managers for its non-U.S. equity portfolio.
The retirement system also made three commitments at its investment committee meeting last week.
The pension fund has issued RFPs seeking value-add real estate and real estate debt managers.
The board also disclosed a private equity commitment at today’s investment committee meeting.
