Searches And Hires
Plan shifted its mandate with a diverse-owned international equity manager to its passive allocation in the asset class.
The plan will include its two incumbent international value equity managers in a search to review the asset class universe.
The searches will help fill out an asset allocation approved in 2021 that included new targets to the asset classes.
The searches were conducted because the contracts of the incumbents were expiring.
The plan hired two firms to fill a new allocation to the asset class.
The plan hired a new active domestic small- to mid-cap value equity manager after its incumbent closed shop.
The university is looking to add sustainability investments to its endowment as it is on track to downsize its fossil fuel exposure over the next two decades.
The plan will seek a replacement for a manager redeemed last month due to organizational concerns and performance reasons.
The city is searching for a firm to manage its non-pension assets.