The “overwhelming majority” of LP participants in a recent survey planned to either increase or maintain their allocation to alternative investments in the next year.
The new hire will focus on deepening and expanding the firm’s relationships with existing and prospective institutional investors and consultants.
The plan has transitioned away from a general investment consultant relationship.
The city issued an RFP for its investment portfolio, which was previously handled by the director of finance.
The plan disclosed new private equity, credit and real estate commitments at a board meeting today.
The firm has closed its latest commercial real estate fund with total capital available of approximately $2.7 billion.
The plan previously issued an RFP for the services in October and recently rescinded an award for the contract.
Willis Chandler has joined Frazier Healthcare Partners as an executive in residence on the firm’s growth buyout team.
The plan committed to two private credit funds at a board meeting last week.
The new hire spearheads capital formation efforts across the eastern region of the U.S. and Canada in her new role.