The state trust fund added two private equity buyout strategies in December as part of the buildout of its private equity and alternative investment portfolio.
The state fund-of-funds is preparing to conduct a search for an investment consultant due to the upcoming contract expiration of its incumbent provider.
The system is searching for an investment advisor to review and analyze the investment option lineups within its retirement plans, provide ongoing strategic planning and recommendations for improving the portfolio and develop one investment structure to be duplicated across all plans.
The foundation added a private infrastructure fund and a hedge fund strategy to its portfolio in the second quarter, marking new relationships for the institution.