Signal explorer
9 matching signals · showing 1–9
Approved new strategic asset allocation effective Jul 1, 2026 (repositioning into private markets/infra/credit).
CIO Farouki Majeed updated the Board on the RFP to select a new general investment consultant. Four responses were received, including incumbent Wilshire; three candidates identified to interview, with two or three to be presented to the Board in May 2026 for final selection.
SERS Staff Investment Committee approved a commitment of up to $75M to Carmel Partners Fund IX (Carmel Partners), a non-core real estate strategy in the real assets portfolio; reported in the February 2026 Board Meeting Highlights.
SERS Staff Investment Committee approved a commitment of up to $25M to Blackstone SPE VIII Corebridge Co-invest (Blackstone), a non-core real estate strategy in the real assets portfolio, plus deal-related expenses and fees; reported in the February 2026 Board Meeting Highlights.
SERS Staff Investment Committee approved a commitment of up to CHF 10 million (approximately $12.6M) to IFM Green Group Data Center Co-investment (IFM Investors), a global infrastructure co-investment in the real assets portfolio, plus deal-related expenses and fees; reported in the February 2026 Board Meeting Highlights. Amount is the report's stated USD approximation of CHF 10M.
SERS Staff Investment Committee approved a commitment of up to $30M to Demopolis Equity Fund I (Demopolis Equity Partners), a lower middle market buyout strategy in the private equity portfolio; reported in the February 2026 Board Meeting Highlights.
SERS Staff Investment Committee approved a commitment of up to $75M to Tree Line Direct Lending IV (Tree Line Capital Partners), a direct lending strategy in the private credit portfolio, funded from cash reserves; reported in the February 2026 Board Meeting Highlights.
The Board approved engaging Hudepohl & Associates for executive search firm services for the SERS Executive Director succession.
The Board accepted Executive Director Richard Stensrud's December 12, 2025 resignation letter, effective June 30, 2026, with possible mutual extension to coordinate onboarding of a successor.