The plan made commitments across private equity, private credit and real estate as part of its annual pacing plan.

The plan had moved to a fully passive large-cap allocation in 2020 but general investment consultant Meketa Investment Group sees an opportunity for concentrated active managers.

Lower-level positions at asset management firms are the most diverse by both racial and gender measures, with equity ownership and senior management the least diverse, results of a Meketa Investment Group diversity, equity and inclusion questionnaire show.

The plan followed its lead consultant to his new shop.

The global equity manager has hired a new managing director to head up consultant relations efforts.

The plan has not conducted a search since it hired its incumbent consultant 20 years ago.