Black-owned and led alternatives firms saw the majority of investment manager search and hire activity as institutional investors continued to focus on private markets, FIN Searches data shows.
The retirement system re-upped with a European credit manager this week.
The asset allocation changes reflect the retirement system’s progress in moving toward its current long-term policy.
A university based in the Midwest added new investments to its portfolios during the fourth quarter.
A foundation affiliated with a university on the West Coast has hired an outsourced cio provider, replacing its traditional investment consultant.
A housing and an economic development government entity is looking for a consultant to study and recommend prospective projects.
The college’s board of trustees selected the incumbent manager, capping a search launched earlier this year.
The pension plan recently hired three private debt managers as part of an ongoing search.
The district conducted a similar search for services in 2013.
Three firms were vying for the $30 million mandate.