New Hampshire Retirement System, Concord, will conduct an asset allocation study and review this fall, said Ed Theobald, chairman. The $5 billion plan will explore whether its allocation to growth equities is too large, he said, and it has been a few years since the last study was conducted.
Separately, the system this fall will interview finalists for a $20 million to $30 million venture capital commitment, said Mr. Theobald. Candidates are being contacted by consultant Evaluation Associates. Although the source of funding has not been determined, he speculated it would come from growth equities.