A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
The Strategy identifies and executes on stressed, distressed, process-driven, and special situations investments less correlated to global debt and equity markets with a focus on control-oriented opportunities in smaller and medium-sized capital structures.
Demands include defining what is encompassed in fossil fuel industries and getting the University to disclose the percentage of current investments held in such industries through UVIMCO.