Searches And Hires
The plan committed to two funds after interviewing five finalists this month.
The plan also received a trustee request for a competitive bid process for investment consulting services.
The retirement system is working with its general investment consultant to conduct a search for strategies.
Nearly $2.2 billion in assets are up for bid across the searches.
The retirement system created a 3% target to the asset class in February.
The institution approved financing agreements with four companies through its fund responsible for commercializing university research discoveries and innovations.
The pension system added up to $80 million across asset class strategies in February.
The pension plan is conducting the search as part of a periodic competitive process.
The university added two managers from its endowment to its watchlist in the second half of 2024 due to staff changes.
The university announced it will no longer be investing in separately managed accounts as it plans to divest from four U.S. defense companies that have contracts with the Israeli military.