Searches And Hires
The plan expects to commit $225 million total to real estate this year.
The fund approved closing its investment in an emerging markets index strategy and transferring the proceeds into a passive vehicle with two sleeves with an existing manager.
The university approved buyout and growth equity commitments with private equity managers that represent new relationships for the institution.
The healthcare system selected a new consultant to oversee its operating and pension funds following a search from last year and the firm will conduct an asset allocation study in its first year of engagement.
The fund wrapped up its search for a firm to provide fixed-income investment management services for its portfolio at its May board meeting, selecting a firm over six others based on its fees and past performance.
The community foundation has partnered with local government to invest $200 million in loans and grants for affordable housing projects.
The foundation approved new allocations to private debt, real estate and fixed-income strategies in the first quarter.
The district expects to notify the selected firm of the contract award on June 30.
One of three portfolio managers on the international equity team departed.
The plan added a $7 million secondaries private equity commitment last quarter.