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A university based in the Midwest has named the co-founder of an alternatives manager as its new board of trustees chairman.
Search is for an investment advisor or outsourced cio to modernize the organization’s investment approach.
Domestic small-cap value equity manager was added to watch due to recent changes to the management structure of the strategy.
An education system in the South approved a private equity commitment with a new manager and a real estate credit commitment with an existing manager last month following a recommendation from its general investment consultant.
Plan will hear presentations on at least two finalists in its general investment consultant search in May.
Plan will seek a core open-end real estate manager to handle a $20 million mandate.
The plan has started its search for a new executive director after the previous director retired last month.
RFP expected in early to mid-April as plan nears the end of a five-year contract term with its incumbent.
Plan had issued an RFP for North American buyout funds.