Searches And Hires
The deferred compensation plan replaced its domestic small-cap growth and international large-cap value equity managers last month.
The search is required due to state procurement law requiring an RFP every seven years.
The hires followed closed session deliberations.
The defined contribution plan replaced its international large-cap value equity manager, which had been on watch, in the second quarter.
The hire completes a review of the real assets portfolio that will now see it split evenly between one core-plus and two core managers.
The investment pool’s incumbent investment advisor is nearing its contract term.
The plan is seeking a firm to replicate the MSCI EAFE Index.
The recently canceled search received one proposal for the services.
The university has extended the deadline for proposals in its search for investment consultant or other firms to help evaluate operations and processes within its investment office to Oct. 15.
The fund has issued an RFP seeking investment firms and/or financial advisors to provide strategic financial guidance and actively manage investment funds on a day-to-day basis.