Board of Trustees UAB Institutional Meeting - February 5, 2026

The University of Alabama System Board of Trustees held an Institutional Meeting on February 5, 2026, which included the Investment Committee, Finance Committee, and other related sessions. Key procurement and contracting activities discussed included investment portfolio adjustments with recommendations to terminate contracts with Poland Capital and Redwheel, and to invest in Northern Trust's S&P 500 index fund and Aerost Street Capital Global All Country Alpha Extension Fund. The board approved these investment changes to improve portfolio performance and manage risk. Additionally, the Finance Committee approved contract amendments with PFM Financial Advisors and Rereath Jones Advisors for consulting services related to the redevelopment of Exploration Plaza at the University of Alabama in Huntsville (UAH). Several construction projects were reviewed and approved, including the Reserve Officers Training Corps facility, Central Bryce parking lot and roundabout, Farah Hall renovation, University Boulevard infrastructure improvements, and a Science and Engineering Complex renovation, with budgets ranging from approximately $4.5 million to $11 million. Real estate transactions were also approved, including the acquisition of property at 211 University Boulevard East, disposition of tracks in Walker County, a property gift agreement from the UAB Educational Foundation, and lease agreements for medical and academic facilities. The board approved a purchase order for campus-wide access control system upgrades at UAH, awarded to Wild Monkey LLC, with a budget of about $1.28 million. Overall, the meeting focused heavily on investment portfolio management, capital improvement projects, real estate acquisitions and dispositions, and contract approvals for consulting and construction services.