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The plan hired a new target-date fund manager in an effort to cut costs and improve performance.
Plan hired a new consultant following presentations from three finalists at today’s meeting.
The fund’s closure brings Pantheon’s total capital dedicated to private debt secondary investing to $2.4 billion.
Plan added a maiden small-cap growth mandate with a new manager.
The new retirement administrator will join the plan in June from the Fire & Police Pension Association of Colorado.
They will serve on the U.S. equities team.
She will lead and manage investor relations, communications and fundraising.
In Rhode Island, home to Brown University, two proposed bills could make private, nonprofit higher education institutions pay state taxes on their endowments and properties. A bigger reckoning of wealthy universities could be underway.
The fund will invest in middle market companies in partnership with owners and managers.
He will serve on the investment committees of the firm’s flagship private equity and credit opportunities strategies.