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The retirement system made $60 million in total commitments at a board meeting this week.
The plan launched a search last year ahead of its incumbent’s contract expiration.
The firm will provide services for approximately $1.5 billion in short-term operating and reserve funds.
The new manager will handle a mandate of up to $250 million.
A new survey from a global investment firm has found that U.S.-based RIAs are interested in adding new exposures to international and equity ETFs in their client portfolios.
Nonprofits portfolios are becoming less liquid as private investment adoption continues, according to a new survey.
The college is seeking a director or associate director of portfolio strategy to lead its asset allocation, performance and risk analysis.
The analyst will be responsible for providing support in risk measurement and portfolio reporting, among other duties.
The firm is acquiring a majority ownership stake in a U.S single-family residential credit investment manager in a deal that is expected to close in the first quarter.
The university elected five new board of trustees members, including two investment professionals, at its May board meeting.