The university decided against divesting its portfolios from fossil fuels as the action would conflict with its legal fiduciary duty.

The university has named its next v.p. of finance and administration and cfo to help oversee its investments as its finance head is set to retire on Jan. 31 after nearly 20 years of service.

If approved, the new 20% global core equity allocation would require a search later this year.

The plan approved commitments to two core infrastructure funds and one new core real estate manager relationship.

The firm’s latest opportunistic real estate fund closes with total commitments exceeding $1 billion.

The retirement system hired two international equity managers to replace an incumbent that had been on watch since October.

The system is seeking small-cap strategies as part of a U.S. public equity manager RFQ launched this month.

Sixth Street closed its third European direct lending fund at its hard cap with $3.75 billion in total equity commitments.

The fund close represents the firm’s largest inaugural institutional fundraise. This article’s content is only available to FIN News subscribers. Login or sign up for a free trial to view. Have a ...

Active management faced continued pressure on actual fees paid in 2024, although the pace of fee compression seems to be slowing.

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The retirement fund received three proposals in response to an RFP issued in May 2024. This article’s content is only available to FIN News subscribers. Login or sign up for a free trial to view. Have ...