SEARCHES & HIRINGS
CNF TRANSPORTATION, Palo Alto, Calif., hired Strategic Investment Solutions as a retainer consultant for its defined benefit plan. SIS will perform an asset allocation study, said Martin Eng, director of global treasury operations.
The study could be finished in a couple of months, said Barry Dennis, the consultant assigned to the $300 million plan.
CHRYSLER CORP., Auburn Hills, Mich., added 17 mutual fund's to its $3.5 billion defined contribution plan.
Added were Franklin Dynatech, Kemper-Dreman High Return, MFS Research A, Merrill Lynch Growth, Morgan Stanley Gold, MAS Mid-Cap Growth Stanley Real Estate, Oppenheimer Growth A, PBHG Emerging Growth, PBHG Growth, Putnam Vista, Putnam Voyager, Putnam Asset Allocation Funds (conservative, balanced, growth), Templeton Developing markets and 20th Century Value.
The plan now has 40 funds.
ST. LOUIS UNIVERSITY's endowment, St. Louis, committed $10 million to the Goldman Sachs Private Equity Fund. The $500 million endowment added the fund of funds after deciding to move to a 15% allocation in alternative investments ov