Extensive and timely coverage of the institutional industry.
The university is discontinuing its voluntary divestment from all publicly traded oil and gas companies as it has set a goal of achieving a net-zero endowment by 2046.
The college approved renewing the contract of its general investment consultant for one additional year during its May board meeting.
The retirement plan also made a private equity commitment for pacing purposes last month.
The new head of government and Taft-Hartley plans most recently served as v.p of government markets at the firm.
The retirement fund was scheduled to review its international equity portfolio structure last month after terminating a firm in April.
The plan is conducting the search for due diligence purposes.
The district issued an RFP in March seeking the services for its approximately $77 million portfolio.
The authority is searching for a firm to invest and manage approximately $230 million.
The retirement plan also added a private equity commitment at last week’s board meeting.
The search is being conducted as the plan’s incumbent will see its contract expire next year.