Searches And Hires
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.
The firm’s hire follows an RFP process initiated due to the impending contract expiration of the university’s incumbent provider.
The county government is seeking record keeping services for its deferred compensation plan.
The search follows a private markets pacing schedule presented to the retirement system in January.