Searches And Hires
The plan has begun searches for international equity and core and non-core real estate managers.
The current consultant will see its contract expire this year.
The plan made the hires after restructuring its international equity and U.S. fixed-income manager portfolios.
The plan adopted a new asset allocation policy after receiving an asset/liability study in October.
The plan anticipates committing up to $565 million total to the two asset classes this year.
The university will invest an additional $500 million in the REIT on March 1 and the investment will have the same structure, terms and fees as the initial investment.
The college has hired an investment consultant to wrap up its search for a firm for its short duration operating fund portfolio.
The foundation affiliated with the Lutheran church moved to an outsourced cio model from a traditional investment consultant model following a search from last year.
The city’s deferred compensation and defined contribution plans replaced a domestic small-cap value equity manager today and its defined benefit plan will schedule finalist presentations in its large-cap growth search for next month.
The plan hired an index manager to oversee a Russell 1000 Growth Index allocation and named another passive provider to its bench.