Searches And Hires
The university hired a new investment advisor to oversee and manage its endowment in the fourth quarter following an RFP process approved in the second quarter of 2022.
The institution will consider a venture capital commitment to a recently launched investment manager at its board meeting this week.
The university is seeking an investment manager for its $76.4 million operating funds portfolio after retaining its incumbent manager following a similar search in 2019.
The plan last conducted a similar search in 2020.
The plan agreed to move forward on due diligence with four firms in its general investment consulting services search.
The retirement fund approved three private credit commitments to start funding of a 2.5% maiden allocation to the asset class added last year.
The pension plan added commitments in real estate, private credit and private equity in recent months.
The pension plan expects to conclude the searches between April and May.
The deferred compensation plan posted an RFP for investment consulting services.
The plan disclosed four total commitments made last month.
