The plan will have further discussions on adding a 3% initial target to private equity at its November board meeting.
The plan is conducting its first search for dedicated China public equity managers.
The plan is considering adding international value managers to complement its growth exposure.
The plan received an education into private credit at its board meeting yesterday and will have further discussions in the fall.
The plan will look to add an open-end fund this year before building out the portfolio with closed-end funds.
The city is looking for a firm to advise on sell-side and buy-side activity of limited partnership interests.
The plan hired a domestic large-cap core equity manager to handle approximately $32 million at its board meeting yesterday.
The new entity will be based in Boston and have approximately 40 professionals.
The search is one of three being conducted by the plan this year due to the contract expirations of incumbent consultants.
Check out the first in-person edition of our 5 Questions feature, with a bonus question you won’t want to miss.